Completion of transaction to combine carbon capture business with SLB, changes to executive management
As a result of the transaction, there will be changes in the Company's executive management. Egil A. Fagerland will step down from his current position as CEO, to take on the role as CEO of the joint venture.
The employee representatives on the Company's Board of Directors will also step down as a result of the transaction. The Company's board of directors will hereinafter comprise of the following shareholder elected board members:
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Kristian Monsen Røkke (Chair) - Oscar Fredrik Graff
- Liv Monica Bargem Stubholt
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Karl Erik Kjelstad (Deputy)
Following completion of the transaction, ACC ASA will continue to further develop ACCH's business together with SLB. The Board of Directors of ACC ASA is in the process of defining the future strategy and structure of the Company, including framework for use of proceeds.
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