FMC elects Statoil's executive VP its board directors

FMC elects Statoil's executive VP to its board of directors

11:40 AM, 2nd June 2016
FMC elects Statoil's executive VP to its board of directors
FMC Corporation elects Margareth Ovrum to its board of directors, effective immediately. (File photo)

PHILADELPHIA, US: FMC Corporation has elected Statoil's executive vice president (VP) Margareth Ovrum to the company's board of directors, effective immediately.  Her election increases the board's size to 11 members.

During her 34 years at Statoil, Ovrum has held numerous senior leadership positions, including executive VP of technology and new energy, health and safety, senior VP of operations – Veslefrikk field, Norwegian continental shelf and platform manager for Gullfaks field. She is currently executive VP of technology, projects & drilling for Statoil Group. Ovrum is a member of the board of directors of Atlas Copco AB and Alfa Laval AB. 

“She brings to our board a strong operations background with deep experience in process technology, safety, sustainability and environmental management.  Margareth has a wide international view with exceptional knowledge of European markets. Our board looks forward to her contributions,” said Pierre Brondeau, president, CEO and chairman of FMC.

“I look forward to joining FMC's board at such an exciting time. Pierre and the management team have transformed the company into one that is highly focused on agriculture, health and nutrition, and lithium technologies. I look forward to helping FMC execute its growth strategy and build long-term shareholder value,” said Ovrum.

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