Equinor Names Reitan as New CFO
Norwegian energy giant Equinor has appointed Torgrim Reitan as Chief Financial Officer and executive vice president in Equinor, with effect from October 6, 2022.Reitan succeeds Ulrica Fearn who has decided to leave the company to pursue a CFO opportunity outside the company. Ulrica Fearn will be available to secure a good handover to her successor until further notice, Equinor said.Separately, Danish brewery group Carlsberg Group announced that Fearn would join Carlsberg as Chief Financial Officer and a member of the Executive Board. Before joining Equinor, Fearn had 19 years of experience in the
Report: Equinor Shortlists Four Candidates to Succeed CEO Eldar Saetre
oil and gas group's transformation towards becoming a greener company while preserving profitability, the source said.The four internal candidates are chief financial officer Lars Christian Bacher, head of midstream and marketing Irene Rummelhoff, head of international development and production Torgrim Reitan and head of technology, projects and drilling Anders Opedal, the source said.Norwegian business daily Dagens Naerlingsliv was first to report on the four candidates last week. It said Equinor's board could also consider external candidates."We do not want to comment on speculations or
Changes in Statoil's Top Deck
become a separate business unit headed by Margareth Oevrum, the company's current head of technology, project and drilling.Meanwhile, its separate U.S. business is being brought back within the broader international development and production division, which will be headed by current U.S. chief Torgrim Reitan."Torgrim Reitan strengthens his position as a candidate for being the next CEO," brokerage Sparebank 1 Markets said in a note to clients, adding the restructuring showed that Brazil was an increasingly important business area for Statoil.The current head of the international development
Statoil Appoints CFO, 3 EVPs and Rejigs Top Deck
Statoil appoints new chief financial officer (CFO), and launches business area for New Energy Solutions (NES). Three new executive vice presidents (EVPs) are appointed as members of the corporate executive committee (CEC). CFO Torgrim Reitan is appointed EVP for Development & Production USA (DPUSA) after Bill Maloney decided to not prolong his contract with Statoil. Hans Jakob Hegge is appointed new EVP and CFO. Hegge comes from the position as senior vice president for Operations North in Development & Production Norway. Irene Rummelhoff is appointed EVP for New Energy Solutions
Statoil Appoints Hutton
Peter Hutton has been appointed senior vice president CFO investor relations and will report to chief financial officer Torgrim Reitan. Hutton is currently director of oil and gas research in RBC Capital Markets London, and has broad international experience from the oil and gas industry. He has spent 12 years in the oil and gas industry and 16 years within the financial industry. Hutton holds a master of arts degree in modern history from the University of Oxford, UK and a diploma in international politics and the Middle East from Birkbeck College, UK. He will take on the role from 1 January
