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Former Shell CEO joins Statoil

Oilfield Technology,

In a meeting in the Corporate Assembly of Statoil ASA, on 17 March 2016, Jeroen van der Veer was elected as a new member of Statoil's Board of Directors.

Van der Veer served as the CEO of Royal Dutch Shell Plc (Shell) between 2004 to 2009. Van der Veer continued as a non-executive director on the board of Shell until 2013. Van der Veer is inter alia the chair of the supervisory boards of ING Bank NV and Royal Philips Electronics and member of the supervisory board of Boskalis Westminster Groep NV, and has significant competence within corporate governance.

The election enters into effect from 18 March 2016. Jeroen van der Veer was elected in accordance with the proposal from the nomination committee.

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