Ex-Shell CEO joins Statoil's board

Jeroen van der Veer has been elected as a new member of Statoil's board of directors.

Van der Veer was the chief executive officer at Royal Dutch Shell from 2004-2009, when he retired. Van der Veer then continued as a non-executive director on the board of Shell until 2013. He started to work for Shell in 1971 and has experience within all sectors of the business. In addition, Van der Veer is the chair of the supervisory boards of ING Bank and Royal Philips Electronics and member of the supervisory board of Boskalis Westminster Groep, and has significant competence within corporate governance.

The election enters into effect from 18 March 2016 and until the ordinary election of shareholder-elected members to the board of directors in 2017. Van der Veer was elected in accordance with the proposal from the nomination committee.

Image:Jeroen van der Veer/ING Bank