Corporate Assembly 

Pursuant to the Norwegian Public Limited Liability Companies Act, companies with more than 200 employees must elect a corporate assembly unless otherwise agreed between the company and a majority of its employees.

Two-thirds of the members shall be elected by the AGM and one-third by the employees.

The most important duties of the corporate assembly are to elect the board of directors, to oversee the board and CEO’s management of the company, to make decisions on investments of considerable magnitude in relation to the company’s resources and to make decisions involving the rationalisation or reorganisation of operations that will entail major changes in or reallocation of the workforce.

The duties of the corporate assembly are defined in section 6-37 of the Public Limited Liability Companies Act.

Members of the corporate assembly elected by the shareholders:

Olaug Svarva
managing director, the Norwegian National Insurance Fund (Chair)

Idar Kreutzer 
CEO, Storebrand (Deputy Chair)

Erlend Grimstad
executive vice president, Umoe AS

Greger Mannsverk 
managing director, Kimek AS

Steinar Olsen
chair of the board of directors, MI Norge AS

Benedicte Berg Schilbred
executive chair of the board of directors, Odd Berg Gruppen

Ingvald Strømmen
professor at the Norwegian University of Science and Technology(NTNU)

Inger Østensjø
chief administrative officer, Stavanger local authority

Rune Bjerke
CEO, DnB NOR

Gro Brækken
secretary general, Save the Children Norway

Benedicte Schilbred Fasmer
director for capital markets, Sparebanken Vest

Kåre Rommetveit
university director, University of Bergen

Deputy members of the corporate assembly:

1st deputy: Oddbjørg Ausdal Starrfelt (58),
senior adviser, Mercuri Urval

2nd deputy: Anne-Margrethe Firing
senior vice president, Nordea Bank Norge

3rd deputy: Hege Sjo
manager, European engagements, Hermes Investment Management Ltd.

4th deputy: Shahzad Rana
chair of the board of directors, Questpoint

Members of the corporate assembly elected by and among the employees:

Tore Amund Fredriksen

Per Martin Labråthen

Anne Synnøve Hebnes

Per Helge Ødegård

Arvid Færaas

Einar Arne Iversen

 

Observers:

Stein Bredal

Anne K. S. Horneland

 

Deputy members of the corporate assembly elected by and among the employees:

Martin Madsen

Jorunn Birkeland

Per Kristian Munkerud

Leif Erik Bystrøm

Jan-Eirik Feste

Hallstein Tonning

Odd Moen

Audhild Fosse

Dag Unnar Mongstad

Kjetil Johannessen

Magnar Stormark

Trygg-Frode Kvalvik