Executive Vice President and CFO Stein Dale decides to leave Statkraft

05 Apr, 2011

Stein Dale has resigned from his position as Executive Vice President and CFO at Statkraft, where he has worked for the past nine years. Since April 2005, Dale has been a member of corporate management, and since April 2008 CFO with responsibility for finance, strategy/M&A and legal.

"I have made a decision that is right for me and I'm now looking for new challenges," says Dale. "It has been both an exciting and challenging year. As well as working with highly skilled colleagues, I have had the privilege of helping to develop Statkraft into a European leader in environmentally friendly energy. In addition, the investment in SN Power has been a special project that is dear to my heart."

"Stein has been a central and competent leader in Statkraft," says CEO Christian Rynning-Tønnesen. "I am grateful for the good and close cooperation we have had for several years. I wish him continued success." Rynning-Tønnesen adds that Dale will continue as CFO until the end of June.

Spokesperson Knut Fjerdingstad, tel.: + 47 24 06 71 61 / +47 901 86 310


This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.