NPRO – CEO Olav Line resigns from Norwegian Property

CEO Olav Line has today announced to the board of directors that he resigns from the position as CEO. Mr Line leaves Norwegian Property as he has accepted a position in another company.

The announcement from Olav came as a surprise to us. Olav Line has done a solid job during the five years he has been the CEO of the company, and he has been the driving force in transforming Norwegian Property from a financial player to an integrated real estate company. The board wishes Olav Line all the best with his new endeavours, the chairman of the board Henrik A. Christensen says.

The board has decided to appoint CFO Svein Hov Skjelle as acting CEO, and initiates a process to recruit a new CEO to Norwegian Property.

Contact:

Chairman of the borad, Mr Henrik A. Christensen, tel +47 909 67 683

E-mail:  henrik@rosom.no