Sector News

BG Group poaches Statoil chief executive

October 15, 2014
(Reuters) – British gas producer BG Group has poached Statoil’s chief executive Helge Lund to head up the company from March next year, the energy firm said on Wednesday.
Lund announced his immediate resignation from the Norwegian company on Wednesday.
“Helge is ideally suited to lead BG Group in the next phase of its growth,” said BG Group Chairman Andrew Gould, who has been leading the company since the resignation of chief executive Chris Finlayson in April.
Lund will be paid an annual salary of 1.5 million pounds next to other incentives, BG Group said.
(Reporting by Karolin Schaps, editing by Louise Heavens)

comments closed

Related News

August 23, 2019

The higher purpose of being a CEO

Borderless Leadership

LinkedIn Twitter Xing EmailWhen I left my second large company experience to become President of a small manufacturing company I did so driven by ego; I fancied the title. Soon […]

August 23, 2019

As Brexit nears, Britain’s drugs, devices and pricing regulators seek the exit

Life sciences

LinkedIn Twitter Xing EmailFirm details on exactly how the U.K. will regulate new medicines is still to be decided after it leaves the EU later this year (caveats on timing […]

August 23, 2019

The Simply Good Foods Company acquires Quest Nutrition for $1bn

Consumer Packaged Goods

LinkedIn Twitter Xing EmailThe Simply Good Foods Company, the owner of Atkins-branded food products, has secured a deal to acquire protein snack maker Quest Nutrition for $1 billion. Quest, which […]

How can we help you?

We're easy to reach