Statoil makes management changes

Statoil of Norway informed it named new chief financial officer (CFO), and launched business area for New Energy Solutions (NES).

Three new executive vice presidents (EVPs) are appointed as members of the corporate executive committee (CEC), Statoil said in a statement on Tuesday.

CFO Torgrim Reitan is appointed EVP for Development & Production USA (DPUSA) after Bill Maloney decided to not prolong his contract with Statoil. Hans Jakob Hegge is appointed new EVP and CFO. Hegge comes from the position as senior vice president for Operations North in Development & Production Norway.

Irene Rummelhoff is appointed EVP for New Energy Solutions, and Jens Økland new EVP for Marketing, Midstream & Processing (MMP). Rummelhoff and Økland start in their new positions 1 June 2015. Reitan and Hegge will start in their new positions 1 August 2015.

Image: Statoil