Reiten nominated as new chair of Norske Skog’s board
Norwegian papermaker Norske Skog said on Feb. 6 that it had nominated Eivind Reiten as the new chairman of the board.
Reiten has been the chief executive of aluminium group Norsk Hydro since 2001, but will step down at the end of March to be succeeded by Svein Richard Brandtzaeg.
“Eivind Reiten is an experienced industry leader with extensive international experience. He has created substantial value through his position as president and CEO of Hydro and he satisfies the requirements the election committee has set for a new board chair who can continue and reinforce the positive development in Norske Skog,” says the head of the election committee, Tom Ruud.
Eivind Reiten (55) has an economics degree from the University of Oslo and has held a number of key positions within both politics and the business world. He has extensive board experience, and has served on the boards of companies including Norges Bank and Telenor. Eivind Reiten has also served a previous stint on the board of Norske Skog, from 1995 to 2000.
“Norske Skog is an exciting company in a demanding industry. I have seen that a lot of good work has been done in the company in recent years, and that the financial and industrial foundations have been strengthened. I appreciate this opportunity to play an active role in the further strategic development of the company, if the corporate assembly follows the election committee’s recommendation,” says Eivind Reiten.