Jon-Aksel Torgersen nominated as new Chairman at Norske Skog

The Chairman of the board at Norske Skog Jarle Roth (54) has informed the committee that he is not a candidate for reelection as Chairman. The Nomination Committee of Norske Skog unanimously proposes that Jon-Aksel Torgersen (63) take over as new Chairman at Norske Skog at the Annual General Meeting on 16 April 2015.

- Jon-Aksel Torgersen has been director of the board  at Norske Skog since 2012, and has extensive management and board experience from Norwegian and international industry, shipping and finance. He has been the CEO of Astrup Fearnley AS since 1992, and thus been instrumental in the strategic development and portfolio management at one of Norway'smost renowned financial companies. Jon-Aksel holds the necessary requirements, and he will continue the improvement work at Norske Skog, said Nomination Committee Chairman Dag J. Opedal.

- My decision is based on the need to spend more time on Eksportkreditt Norway, and the challenges and opportunities that exist in the offshore industry and mainland industries, says present Chairman Jarle Roth.
- We want to thank Jarle Roth for his extensive efforts to lead the Board's work over the past year, said Dag J. Opedal.

Jon-Aksel Torgersen is currently the Chairman atAtlantic Container Line AB and Finnlines Plc and director of the board at IM Skaugen SE and Awilco LNG. He is also the Chairman and board member of several companies in the Fearnley group. Torgersen holds a master in business administration from the University of St. Gallen (Switzerland) in 1975.

The Nomination Committee's other nominations will come later.

For picture of Jon-Aksel Torgersen, see twitter: @Norske_Skog

Norske Skog
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