OSLO,
Norway, May 12, 2022 /PRNewswire/
-- Norwegian Energy Company ASA ("Noreco" or the "Company") is
pleased to announce that the board of directors of Noreco has
appointed Euan Shirlaw as Chief
Executive Officer with immediate effect.
Mr Shirlaw has been the Chief Financial Officer of Noreco since
the acquisition of Shell's upstream assets in the Danish
Underground Consortium (the "DUC") in 2019, and since 29 November 2021 he also served as Acting
Managing Director. In the role as Chief Executive Officer, Mr
Shirlaw will also continue to fulfil his previous responsibilities
as Chief Financial Officer.
In addition, Marianne Eide has
been promoted Chief Operating Officer of the Company. Ms Eide comes
from the position as EVP Upstream in Noreco and will continue to
overlook the Company's upstream assets in Denmark.
"On behalf of the board, I'm very pleased to appoint
Euan Shirlaw as CEO. In addition to
fulfilling his duties as a CFO in an excellent manner these past
three years, he has also proven great leadership skills and a
strategic acumen. The appointment is both logical and well
deserved, and we have great confidence in his ability to create
value for the Company and its shareholders going
forward," said Riulf Rustad, Executive Chair of
Noreco.
Contact:
Cathrine Torgersen, EVP Investor
Relations & ESG
Phone +47 915 28 501
Email: ct@noreco.com
This information is subject to the disclosure requirements
pursuant to Section 5 -12 the Norwegian Securities Trading Act.
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