The nomination committee's recommendations
The nomination committee has comprised the following members: Knut T. Traaseth, chairman, Gerhard Heiberg and Kjell Inge Røkke.
Election of board members
According to the company's articles of association up to six board members shall be elected by the shareholders. In the last general meeting only five board members were elected by the shareholders and the nomination committee therefore considers it appropriate to propose that the number of board members is increased by one. As two of the board members, Reidar Lund (current deputy chairman) and Jon Fredrik Baksaas have notified that they wish to resign at the upcoming general meeting, a by-election for these positions will be held. Baksaas will be recommended for another directorship in the Aker Group. Hence there are in total three directorships in Aker Kværner ASA that shall be filled at the general meeting. The nomination committee recommends the following persons as board members for an election period of two years:
According to the company's articles of association up to six board members shall be elected by the shareholders. In the last general meeting only five board members were elected by the shareholders and the nomination committee therefore considers it appropriate to propose that the number of board members is increased by one. As two of the board members, Reidar Lund (current deputy chairman) and Jon Fredrik Baksaas have notified that they wish to resign at the upcoming general meeting, a by-election for these positions will be held. Baksaas will be recommended for another directorship in the Aker Group. Hence there are in total three directorships in Aker Kværner ASA that shall be filled at the general meeting. The nomination committee recommends the following persons as board members for an election period of two years:
Mr Martinus Brandal
Mrs Siri Fürst
Mrs Vibeke Hammer Madsen
Mrs Siri Fürst
Mrs Vibeke Hammer Madsen
Election of deputy chairman
The nomination committee recommends the incumbent director Bjørn Flatgård as deputy chairman of the board for the remainder of Flatgård's election period (2005-2006).
The nomination committee recommends the incumbent director Bjørn Flatgård as deputy chairman of the board for the remainder of Flatgård's election period (2005-2006).
By-election to the nomination committee
The chairman of the nomination committee, who is elected for the period 2004-2006, has notified that he is resigning from his position to avoid conflicts of interest related to his new position. Mr Rune Bjerke is recommended to be elected as a new member of the nomination committee for the remainder of the committee's term of office (2005-2006). The nomination committee will itself elect its chairman.
The chairman of the nomination committee, who is elected for the period 2004-2006, has notified that he is resigning from his position to avoid conflicts of interest related to his new position. Mr Rune Bjerke is recommended to be elected as a new member of the nomination committee for the remainder of the committee's term of office (2005-2006). The nomination committee will itself elect its chairman.
Additional information:
Martinus Brandal
Mr Brandal has been Executive Vice President, in charge of operations, strategy and business development for Aker ASA, formerly Aker RGI, since 2004. In the period from 1985 to 2004, Mr Brandal held various management positions in the ABB Group, inter alia as Group Senior Vice President at the headquarter in Zürich and Head of Business Area Process Automation. Mr Brandal is a graduate from Oslo University College.
Mr Brandal has been Executive Vice President, in charge of operations, strategy and business development for Aker ASA, formerly Aker RGI, since 2004. In the period from 1985 to 2004, Mr Brandal held various management positions in the ABB Group, inter alia as Group Senior Vice President at the headquarter in Zürich and Head of Business Area Process Automation. Mr Brandal is a graduate from Oslo University College.
Siri Fürst
Mrs Fürst has been a business consultant in Considium Consulting Group since January 2005. In the period from 1984 to 1999 Mrs Fürst has held various positions in Hafslund, Hafslund Nycomed and Nycomed Pharma. Mrs Fürst is a graduate from the Norwegian School of Economics and Business Administration.
Mrs Fürst has been a business consultant in Considium Consulting Group since January 2005. In the period from 1984 to 1999 Mrs Fürst has held various positions in Hafslund, Hafslund Nycomed and Nycomed Pharma. Mrs Fürst is a graduate from the Norwegian School of Economics and Business Administration.
Vibeke Hammer Madsen
Mrs Hammer Madsen has been the CEO of Federation of Norwegian Commercial and Service enterprises since 2002. In the period from 1993 - 1999 Mrs Hammer Madsen has held various positions in Statoil. Mrs Hammer Madsen has also been a partner in PA International. Mrs Hammer Madsen is a graduate from the Norwegian School of Radiography.
Mrs Hammer Madsen has been the CEO of Federation of Norwegian Commercial and Service enterprises since 2002. In the period from 1993 - 1999 Mrs Hammer Madsen has held various positions in Statoil. Mrs Hammer Madsen has also been a partner in PA International. Mrs Hammer Madsen is a graduate from the Norwegian School of Radiography.
Rune Bjerke
Mr Bjerke has been President and CEO in Hafslund ASA since 2000. Mr Bjerke has previously held positions in Scancem International, the City of Oslo and the Norwegian Ministry of Petroleum and Energy. Mr Bjerke is a graduate from the John F. Kennedy School of Government at Harvard University.
Mr Bjerke has been President and CEO in Hafslund ASA since 2000. Mr Bjerke has previously held positions in Scancem International, the City of Oslo and the Norwegian Ministry of Petroleum and Energy. Mr Bjerke is a graduate from the John F. Kennedy School of Government at Harvard University.
ENDS
For further information, please contact:
Knut T. Traaseth, Chairman of the nomination committee, Aker Kværner ASA,
mobile 911 32 400
Knut T. Traaseth, Chairman of the nomination committee, Aker Kværner ASA,
mobile 911 32 400
AKER KVÆRNER ASA, through its subsidiaries and affiliates ("Aker Kvaerner"), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals, Pharmaceuticals & Biotechnology, Power Generation and Pulp & Paper. The Aker Kvaerner group consists of a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities. The parent company in the group is Aker Kværner ASA. Aker Kvaerner has aggregated annual revenues of approximately NOK 35.6 billion and employs approximately 22,000 people in more than 30 countries.
This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages www.akerkvaerner.com.