Ahead of the 2009 Annual General Meeting, Ratos's Nomination Committee proposed that the Board be expanded by one member. Margareth Øvrum, Executive Vice President at StatoilHydro in Bergen, Norway, is proposed as the new member of the Board.
Margareth Øvrum, born 1958, has an MSc in Engineering from the Norwegian Institute of Technology (NTH), specialising in technical physics. She is currently Executive Vice President for the Technology & New Energy business area within the StatoilHydro Group. Previously she held management positions in the Statoil Group within purchasing, production, projects, health, safety and the environment and was Statoil's first female platform manager. In addition to the proposed assignment for Ratos, Margareth Øvrum is a member of the boards of Atlas Copco, the Norwegian company Elkem and the Norwegian Research Council. Margareth Øvrum is a Norwegian citizen and lives in Norway.
The present members of Ratos's Board of Directors are Olof Stenhammar (Chairman), Lars Berg, Staffan Bohman, Annette Sadolin, Jan Söderberg, Per-Olof Söderberg and Arne Karlsson (CEO).
The Nomination Committee comprises Annika Andersson (Chairman and representing AP4), Peder Hasslev (representing AMF Pension), Olof Stenhammar (Chairman of Ratos's Board), Jan Söderberg (representing own and related parties' shares), Maria Söderberg (representing the Torsten Söderberg Foundation) and Per-Olof Söderberg (representing own and related parties' shares).
Ratos's Annual General Meeting will be held at 17.30 CET on 2 April 2009 in City Conference Center, Barnhusgatan 12-14, Stockholm. The notice of the annual general meeting will be published at the end of February.
For further information, please contact:
Annika Andersson, Chairman of Ratos's Nomination Committee, +46 8 787 75 69
Olof Stenhammar, Chairman of the Ratos Board, +46 8 700 17 00