Jan Reinas Elected as New Chairperson of the Board of Directors in Hydro
March 16 2004 - 7:00AM
PR Newswire (US)
Jan Reinas Elected as New Chairperson of the Board of Directors in
Hydro OSLO, Norway, March 16 /PRNewswire-FirstCall/ -- The
Corporate Assembly of Norsk Hydro ASA has elected Jan Reinas as new
Chairperson of the Board of Directors. Reinas replacesEgil
Myklebust, who has been member of Hydro's Board for 12 years, the
last three years as Chairperson. Myklebust notified the Nomination
Committee last November that he did not wish to be reelected at the
end of his electoral period in the spring 2004. Jan Reinas (59) has
been CEO of the paper group Norske Skog from 1994 to the end of
2003, and has previously also been CEO of Scandinavian Airlines. He
is currently a member of the Board of the media group Schibsted ASA
and Swiss International Air Lines. The Corporate Assembly also
elected Terje Friestad (52) as member of the Board. Friestad is
representing the employees, and is replacing Steinar Skarstein, who
is leaving Hydro for Yara International ASA. Friestad has worked
for Hydro since 1972. His current position is Senior Engineer at
Hydro Aluminium, Karmoy. The changes will take effect on 25 March
2004. Hydro's Board will after this consist of: * Jan Reinas,
Chairperson * Borger A. Lenth, Vice Chairperson * Terje Friestad
(elected by employees) * Elisabeth Grieg * Hakan Mogren * Ingvild
Myhre * Geir Nilsen (elected by employees) * Anne Cathrine Hoeg
Rasmussen * Odd Semstrom (elected by employees) Contact Kristin
Brobakke Telephone (+47 )22 53 2744 Cellular (+47) 91 84 06 81
E-mail Norsk Hydro ASA Bygdoy alle 2 N-0240 Oslo Norway Telephone:
(+47) 22 53 81 00 Fax: (+47) 22 53 27 25 http://www.hydro.com/
DATASOURCE: Norsk Hydro CONTACT: Kristin Brobakke of Norsk Hydro
ASA, +47-22-53-27-44, Cellular, +47-91-84-06-81, , or Norsk Hydro
ASA, +47-22-53-81-00, fax, +47-22-53-27-25 Web site:
http://www.hydro.com/
Copyright