Stine Fjell has resigned as a director of the Company and John E. Skajem has resigned as Chief Executive Officer (CEO) of the Company.
The Company will shortly appoint an interim CEO and is planning to appoint an Advisory Committee to the Board in the near future.
For further information, please contact:
John R. Shaw, Chairman of the Board
E-mail: john.r.shaw@araca.no
Phone: +47 35 60 00 00