Catherine Hughes resigns from Statoil’s BoD

Catherine Hughes resigns from Statoil's BoD

Catherine Hughes said that she will resign from the position as a member of the board of directors in Statoil with immediate effect.

According to Statoil’s statement, Hughes made the decision in order to avoid potential conflicts of interest following a recent change of circumstances.

The nomination committee in Statoil will commence its search for a new board member, and the corporate assembly will make a by-election when the nomination committee’s recommendation is ready. Olaug Svarva is chair of the nomination committee in Statoil.

Image: Statoil

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