Eivind Reiten
Eivind Reiten | |
|---|---|
Bjarne Mørk-Eidem | |
| State Secretary for the Ministry of Finance | |
| In office 17 June 1983 – 4 October 1985 | |
| Prime Minister | Kåre Willoch |
| Minister | Rolf Presthus |
| Personal details | |
| Born | Eivind Kristofer Reiten 2 April 1953 Midsund, Norway |
| Political party | Centre |
Eivind Kristofer Reiten (born 2 April 1953) is a
StatoilHydro for four days until he resigned from his position after Norsk Hydro
had been accused of corruption.
Political career
Reiten was born in
Cabinet Syse.[1] In his last political position, he was responsible for the deregulation of the electricity market in Norway.[2] Having chaired the Centre Youth, the youth wing of the Centre Party, from 1979 to 1981, he served as a deputy representative to the Norwegian Parliament from 1985 to 1989.[1]
Business career
Reiten started working for
Bilderberg meetings.[citation needed] He is a fellow of the Norwegian Academy of Technological Sciences.[4]
Libya corruption case
As part of the merger between
StatoilHydro that merged on 1 October 2007. Four days later Reiten withdrew from the seat.[2] The reason was that it was uncertain whether or not he knew about a corruption case Hydro had been accused of, where a Libyan consulting company and the consultant Abdurrazag Gammudi had been paid 60 million kr, used to make bribes, after the Hydro take-over of Saga Petroleum in 1999. Stated Reiten, it was in no-one's interest that he retain a conflict of interest by retaining the seat of chair in the company that would investigate himself. The case had arisen on 26 September, after a Hydro employee had leaked information about the matter; it had not been identified as part of the due diligence performed by Statoil prior to the merger.[2][5] He was replaced by his deputy, Marit Arnstad, who is also a former Minister of Petroleum and Energy from the Centre Party.[2][6] The investigation from StatoilHydro concluded that Reiten was informed about this during 2000 and 2001, while the investigation in Norsk Hydro concluded that Reiten did not know about the corruption.[7] Since the Norsk Hydro investigation—that included checking 1.5 million documents—could not show that Reiten knew about the corruption, Hydro Chairman Terje Vareberg confirmed that Reiten would not be removed from his position. However, two executives of StatoilHydro were required to leave immediately.[8]
Leaving Norsk Hydro
In January 2009 Reiten announced that he was stepping down as Chief Executive of Norsk Hydro from 30 March 2009, with executive vice president Svein Richard Brandtzæg taking over.[9] Reiten has since been nominated to replace Kim Wahl as Chairman of Norske Skog at the company's annual general meeting in April 2009.[10]
Personal life
Reiten is married and has two children.[2] He resides in Oslo.
References
- ^ a b c "Eivind Reiten" (in Norwegian). Storting.. Retrieved on 6 December 2008.
- ^ a b c d e Sparre, Martin Riber; Bjørndal, Bente (5 October 2007). "- Det er veldig bittert". Dagens Næringsliv (in Norwegian). Retrieved 4 December 2008.
- ^ Norsk Hydro (27 August 2007). "Eivind Reiten" (in Norwegian). Archived from the original on 1 January 2009. Retrieved 4 December 2008.
- ^ "Medlemmer: REITEN, Eivind Kristofer" (in Norwegian). Norwegian Academy of Technological Sciences. Retrieved 29 December 2013.
- ^ Bjerke, Espen (5 October 2007). "Alt om Libyasaken". Dagens Næringsliv (in Norwegian). Retrieved 4 December 2008.
- ^ Bjerke, Espen (4 October 2007). "- Marit Arnstad ny StatoilHydro-leder". Dagens Næringsliv (in Norwegian). Retrieved 4 December 2008.
- ^ Aure Avis (9 October 2008). "Hydrosjefen for fall?" (in Norwegian). Retrieved 4 December 2008.
- Norwegian Broadcasting Corporation. Retrieved 4 December 2008.
- Norwegian Broadcasting Corporation. 12 January 2009. Retrieved 13 January 2009.
- ^ Stoltz, Aasa Christine (6 February 2009). "Norske Skog nominates Eivind Reiten as chairman". Reuters. Retrieved 2009-02-07.
| International | |
|---|---|
| National | |
