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Veidekke ASA's Mr. Arne Giske Succeeds Mr. Terje R. Venold as President and Chief Executive Officer

Thursday, 6 Dec 2012 01:10pm EST 

Veidekke ASA (Veidekke) announced that Mr. Arne Giske will take up position as President and Chief Executive Officer (CEO) of Veidekke on July 1, 2013. He replaces Mr. Terje R. Venold, who has held the position since 1989. Mr. Arne Giske is currently Head of Veidekke's property development division. The decision to appoint Mr. Arne Giske as President and CEO was made by the Board of Veidekke on December 6, 2012. Mr. Arne Giske has experience as Executive Officer at Veidekke. He joined Veidekke in 2001 as Executive Vice President and Chief Financial Officer with responsibility for Veidekke's economy and financial functions. In 2007, he became Executive Vice President of Veidekke's property development division in Scandinavia. He replaces Mr. Terje R. Venold, who has been Veidekke's President and CEO for the past 24 years. Mr. Arne Giske will spend the next six months preparing for his new role before he takes up the position of President and CEO. Mr. Terje R. Venold originally intended to retire two years ago, but was asked by the Board to continue until a new CEO was in place. 

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