Statoil board member resigns
- Business & Finance
Statoil has informed that its board member, Catherine Hughes, will resign from her position as member of the board of directors in Statoil ASA with immediate effect.
According to Statoil, Hughes is resigning in order to avoid potential conflicts of interest following a recent change of circumstances.
The nomination committee in Statoil will start its search for a new board member, and the corporate assembly will make a by-election when the nomination committee’s recommendation is ready. Olaug Svarva is chair of the nomination committee in Statoil.