Selection Committee Nominates Jan Reinas as New Hydro Chairperson
December 17 2003 - 4:44AM
PR Newswire (US)
Selection Committee Nominates Jan Reinas as New Hydro Chairperson
OSLO, Norway, Dec. 17 /PRNewswire-FirstCall/ -- The selection
committee in Norsk Hydro gives a unanimous recommendation that the
Corporate Assembly elects Jan Reinas as new chairperson of the
board at its meeting on 16 March 2004. Jan Reinas has been CEO of
the paper group Norske Skog since 1994, and will step down from
this position at the end of 2003. Reinas is a business economist
and has previously also been CEO of the airline SAS. He is
currently a member of the board in the media group Schibsted ASA,
in the Norwegian National Union of Chemical Industry (PIL) and in
the Confederation of Norwegian Business and Industry (NHO). He has
previously been chairman of the board in the bank Sparebanken
Midt-Norge, the postal administration and the railway and transport
company NSB. Hydro's present chairperson, Egil Myklebust, notified
the selection committee in November that he did not wish to be
reelected at the end of the electoral period in the spring of 2004.
DATASOURCE: Norsk Hydro CONTACT: Tor Steinum, +47-22-53-27-31,
Cell: +47-95-08-39-33, , or Cecilie Ditlev-Simonsen,
+47-22-53-20-97, Cell: +47-41-55-92-50, , both of Norsk Hydro Web
site: http://www.hydro.com/
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