Birgitte Ringstad Vartdal appointed President and CEO of Statkraft

The board of Statkraft has appointed Birgitte Ringstad Vartdal as the new CEO of the company. She comes from the role as Executive Vice President Nordics at Statkraft, succeeding Christian Rynning-Tønnesen who has decided to step down after 14 years in the position.

The board ran a thorough recruitment process with both internal and external candidates. Vartdal will assume her new role as CEO on 1 April 2024.

"The board is very pleased that Birgitte has accepted the position as CEO of Statkraft. Birgitte has a broad and relevant background as an Executive Vice President at Statkraft, and as CEO and CFO at the shipping company Golden Ocean. She is a very capable and assertive leader with the qualities required to lead a large international company. It is a strength that we are appointing a new CEO from within our own ranks, who knows the company, the organisation, and our key stakeholders well," says Alexandra Bech Gjørv, Chair of the Board of Directors at Statkraft.

Over the past two years, Vartdal has led Statkraft's largest business area, the Nordics. Prior to that, she was headed the business area European Wind and Solar at the company, overseeing the development of wind and solar power in Europe, new business, Group Procurement, and Project Delivery. Vartdal, born in 1977, holds a degree (MSc) in Physics and Mathematics from The Norwegian University of Science and Technology (NTNU) and a Master of Science (MSc) in Financial Mathematics from Herriot Watt University in Scotland. She has previously been a board member at Yara and Mowi, and a member of the corporate assembly at Equinor. She currently serves on the board of Renewable Norway and several of Statkraft's subsidiaries.

"I am very happy and humbled to be given the responsibility of leading Statkraft and our more than 6,000 committed employees who work every day to renew the way the world is powered. Statkraft is an important company in the energy transition of Norway, Europe, and the world, and I am proud to be a part of the journey. We will continue to contribute as Norway's largest power producer and be the industry's most important partner by offering stable, green energy at competitive prices in the markets we operate in," says Birgitte Ringstad Vartdal, the new CEO of Statkraft AS.