 Sven Ombudstvedt (43), former CFO and senior vice president of Yara International and head of corporate strategy at Norsk Hydro ASA, has been named new chief executive of Norske Skog. He will begin in January 2010. Ombudstvedt succeeds Christian Rynning-Tønnesen.
“The board has considered several highly-qualified candidates, and we are convinced that we have found the best person to take over as chief executive of Norske Skog,” says Eivind Reiten, chairman of the board.“We are also pleased that he is able to begin work almost immediately. Norske Skog faces tough challenges, and the improvement processes led by Christian Rynning-Tønnesen in an outstanding manner must continue at full speed.”
”I look forward to gaining deeper insight into Norske Skog’s strategy, operations and organisation. As I see it, this is one of the most interesting and challenging international management positions in Norway,” says Ombudstvedt.
Ombudstvedt holds a bachelor’s degree in business administration from Pacific Lutheran College and a master’s degree in international management from Thunderbird, both in the United States.
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