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People: REC Silicon ASA (REC.OL)

REC.OL on Oslo Stock Exchange

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Torvund, Tore 

Mr. Tore Torvund has been appointed President and Chief Executive Officer of REC Silicon ASA (previously known as Renewable Energy Corporation ASA), effective as of December 1, 2013. Before that, he has served as Executive Vice President (EVP) of REC Silicon at Renewable Energy Corp ASA since January 2009. He joined the Company in 2009. He was previously EVP responsible for Norsk Hydro’s Oil & Energy Division from 2000 until the merger with Statoil in 2007 and EVP, Exploration & Production responsible for StatoilHydro’s operations on the Norwegian Continental shelf until 2008. He holds a Master of Science degree from Norges Teknisk-Naturvitenskapelige Universitet - NTNU (Norwegian University of Science and Technology).

Basic Compensation

Total Annual Compensation, USD 975,895
Restricted Stock Awards, USD --
Long-Term Incentive Plans, USD 75,265
All Other, USD --
Fiscal Year Total, USD 1,051,160

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --