Norway's Statkraft replaces CFO

Norwegian energy company Statkraft is reshuffling corporate management and making a replacement to the second-highest ranking position in the company. The new CFO will have to find huge sums in cutbacks.

by SØREN SPRINGBORG

A new corporate management will get the Norwegian energy company Statkraft A/S back on track, informs the utility in a corporate statement. Notably, the current CFO, Hallvard Granheim, will become Executive Vice President Market Operations & IT. Instead, Irene Egset will take over as the group's Executive Vice President and Chief Financial Officer.

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