Proposal for new board member to Telenor ASA

(Fornebu 5 May 2014) Telenor's Nomination Committee has put forward a proposal that Jon Erik Reinhardsen (Born 1956) be elected as new member of the board of Directors of Telenor. The proposed candidate will succeed Hallvard Bakke, who has served on the Board of Directors since 19. May 2011.

Reinhardsen is President and CEO of Petroleum Geo-Services (PGS), a position he has held since April 2008. Prior to joining PGS, he has held executive positions in Alcoa, Aker Kvaerner and Aker Maritime.  He is a member of the Board of Directors in Cameron International Corp, Hoegh LNG Holdings Ltd. and Awilhelmsen Management AS. He has until recently served on the Board of Directors of Hoegh Autoliners Holdings AS.

Reinhardsen has also been a board member of the Norwegian government initiated OG21 and INTSOK and a member of the visiting committee of Massachusetts Institute of Technology's (MIT) Ocean Engineering Department. 

Reinhardsen obtained a Master`s degree in Applied Mathematics and Geophysics from the University of Bergen, Norway. In 1991 he completed the International Executive Program at the Institute for Management Development (IMD) Lausanne, Switzerland.

Members to the Board of Directors are proposed by the Nomination Committee and elected by the Corporate Assembly, in a meeting to be held on 14 May.

For more information

Anders Skjævestad
Chairman of the Nomination Committee
Mobile: [phone]

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Source: Telenor via Globenewswire

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