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Det Norske Oljeselskap ASA Announces Resignation of CEO Erik Haugane and Appoints Sverre Skogen as Executive Chairman and Oyvind Bratsberg as General Manager

Wednesday, 24 Apr 2013 05:01am EDT 

Det Norske Oljeselskap ASA announced that Sverre Skogen will as of May 1, 2013 take on the position as Executive Chairman in the Company until a new Chief Executive Officer (CEO) has been appointed. Erik Haugane will step down as CEO on May 1, 2013 not on August 1, 2013, as previously announced. Mr. Haugane will act as advisor and be available for the Company until August 1, 2013. On April 17, 2013, the Company’s annual general assembly elected a new Board of Directors and Sverre Skogen as Chairman of the Board. The Board of Directors has decided that Sverre Skogen will act as Executive Chairman, with the overall responsibility for the Company’s operations. Chief Operating Officer Oyvind Bratsberg will be assigned the position as General Manager with responsibility for running the day-to-day operations. 

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