OSLO, April 4 Norwegian papermaker Norske Skog's
(NSG.OL) has proposed to elect investor Oystein Stray Spetalen
deputy chairman of the board and investor Ove Gusevik to a seat
on the corporate assembly, the company said on Friday.
The proposals would bring into the company's governing
bodies two investors who have clashed with management over
strategy, including plans for capacity shutdowns.
Spetalen, Gusevik and hotel owner Petter Stordalen formed
Unionen, an investment firm which last year emerged as Norske
Skog's single biggest shareholder with a nearly 6 percent stake.
The investor trio has called for a complete shakeup of the
strategy and has suggested selling the company's Asian mills to
The election committee proposed re-electing Kim Wahl as
chairman, but suggested electing Tom Ruud chairman of the
corporate assembly and moving the current assembly chairman
Helge Evju to the deputy position, Norske Skog said.
(Reporting by John Acher; Editing by David Holmes)