Stausholm resigns from Statoil board of directors

Jakob Stausholm will resign from his position as member of the board of directors in Statoil ASA (OSE: STL, NYSE: STO) with immediate effect in order to avoid potential conflicts of interests following his new appointment as CFO of the Maersk group. Stausholm takes up his new position on December 1, 2016.

The nomination committee in Statoil will commence its search for a new board member, to allow for the corporate assembly to conduct a by-election when the nomination committee's recommendation is ready.

Tone Lunde Bakker is chair of the nomination committee in Statoil.

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