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Source: tradingmarkets.com
Norwegian Orkla chief executive to resign in 2010
July 05 2010 - Norwegian multi-industry group Orkla ASA said last Friday its president and CEO Dag J. Opedal notified the board of directors that he would like to leave his post during 2010, but will continue to chair associated company Renewable Energy Corporation ASA .
Opedal will continue in his position in Orkla until a successor is in place. The board will start the process of hiring a new CEO
Read more [http://www.tradingmarkets.com/news/stock-alert/renwf_norwegian-orkla-chief-executive-to-resign-in-2010-1022139.html]
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Orkla ASA
Address: P.O. Box 162 Sarpsborg, 1701 Norway
Telephone: +47-69-118000
Fax: +47-69-118770
About Orkla ASA
Orkla ASA is a Norway-based company which operates in the branded consumer goods, aluminum solutions, materials, renewable energy and financial investment sectors. It is a parent company within the Orkla Group. Its operations are structured into five principal segments. Orkla Brands is a supplier of branded consumer goods and concept solutions, primarily to the Nordic grocery and catering sectors. Orkla Aluminum Solutions develops, manufactures and markets profiles, profile-based building systems and heat-exchanger strip in aluminum. Orkla Materials consists of Elkem, engaged in the environmentally friendly production of metals and materials, and a biorefinery, Borregaard. Orkla Associates primarily consists of Orkla’s investments in Renewable Energy Corporation ASA (REC) and Jotun AS. Orkla Financial Investments consists of three main businesses: the Share Portfolio, Orkla Finans and Orkla Eiendom, and it is engaged in the financial and real estate investments.
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