Revus Nominates Three New Board Members
Knut Am is a former senior executive at Phillips Petroleum and has served as an independent non-executive director of Statoil for the last eight years. Carol Bell is a former investment banker, equity analyst and oil company executive, while Jane Hinkley is a qualified chartered accountant with an industrial career mostly in international shipping.
"I am delighted with these nominations. Knut, Carol and Jane all possess the necessary background of knowledge, experience and competence in the oil industry and its related industries to make significant independent contributions in the boardroom. We also believe that they each have the necessary capacity to devote the required time to Revus board deliberations," says Andrew Armour, member of the nomination committee and Chairman of the Board of Revus Energy ASA.
Current board member Sir Graham Hearne has announced that he wishes to step down as part of his retirement plan. As a result of these replacements, the Revus board will count seven members versus today’s five.
"The expansion of the Revus board reflects the company’s aggressive ambitions going forward. Through our twin engine of growth strategy, we plan to strengthen our Norwegian and UK position significantly, through a combination of organic growth and mergers and acquisitions. The caliber of professionalism and experience in the new board members will serve to further elevate Revus," says Andrew Armour.
Knut Am
Mr Knut Am is an independent technology and business development consultant based in Stavanger Norway. He is a former Senior Vice President and Head of Exploration and Production of Phillips Petroleum and has served as an independent non-executive director of Statoil for the last eight and a half years. He has also held positions with the Geological survey of Norway and the Norwegian Petroleum Directorate. Mr. Am has a degree in Geological and Geophysical Engineering from the Norwegian University of Science and Technology in Trondheim. He also holds positions as Chairman of the Industrial Council of the Norwegian Academy of Technological Sciences, Chairman of IOR-Chemco AS, EnVision AS and EnVision Streamline AS. He is a Board member of Badger Explorer AS, Petrostreamz AS and the Physics of Geological Processes – center of Excellence at the University of Oslo.
Carol Bell
Carol Bell is an independent advisor in the E and P sector having had a career as an investment banker, an equity analyst and an oil company executive. Dr Bell has worked for RTZ Oil and Gas Ltd, Charterhouse Petroleum plc, UBS Phillips and Drew, Credit Suisse First Boston, JP Morgan and Chase Manhattan Bank. Dr Bell is a non-executive board member of Hardy Oil and Gas plc and a member of the Investment Advisory Committee of Gemini Oil and Gas. She is also Honorary Treasurer of the British School at Athens and Chairman of the Investment Committee of Girton College, Cambridge. Dr Bell has an MA in Natural Sciences, a BA in Geology and a PhD in Archaeology. Jane Hinkley
Ms Hinkley is a qualified chartered accountant with an industrial career mostly in international shipping. She left Arthur Young and Co in 1980 as Head of Corporate Tax and joined Gotaas Larsen Shipping Corporation, firstly as Head of Tax, becoming Treasurer, CFO and finally as CEO. In 1998 she became Managing Director of Navion Shipping AS. Both companies focused on the transportation of oil, gas and related products. Ms Hinkley has served on the boards of Gard Assuranceforening and Bergen Assuranceforening, specialist shipping insurers and since 2002 Ms Hinkley has been a non-executive director of Teekay LNG Partners LP.
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