During the pyrolysis of the company assembly on Thursday, Espedal was elected chairman of the board of the group for the next two years. The result of 2020 is low electricity prices.
Now, the chairman of the board expects prices to fluctuate significantly. -We know that electricity prices will fluctuate even more, he said.
The unanimous recommendation of the nomination committee was Kari Nessa Nordtun, the mayor of Stavanger. Espedal has been Chairman of the Board of Directors since 2015.
-The chairman of the nomination committee told the nomination committee that it was found that Harald Espedal had handled the position of chairman of the board in a very satisfactory manner and that he was eligible to assume the position of chairman of the board in the future Rice
The protagonist is looking forward to the coming two years.
-I think this is a very meaningful position that can bring me a lot of benefits. Happily, we have made great strides in power, hydropower and optical fiber. Then, I also felt very happy to see the influx of young people into the organization. He said that this is very important for our future.
Espedal served as the CEO of Skagen Funds from 2002 to 2014.In addition to serving as chairman of the board of Lysek Group, he also serves as chairman of the board of directors of Sandnes Sparebank and Solstad Offshore ASA
In addition, Espedal is also an investor. His “Friendship Fund”,
The total assets of Salt Value AS in 2020 are NOK 1 billion.
He believes that the most exciting thing about becoming the chairman of the group is their role in green transformation and social technological change.
-Working with Lyse is very exciting because many major social trends will affect us. This group is of great significance to the region. As long as you participate in regional development, your work is meaningful. He said, therefore, we must have both regional and global perspectives.
The team’s performance in 2020 is poor. The result was a reduction of nearly 1 billion Swedish krona before tax. At the time, the chairman of the board blamed low electricity prices.
-We know that the price of electricity will fluctuate even more because the producers of wind power and solar power are fluctuating. This provides us with an opportunity to become a balanced producer. Our results will fluctuate, and they will do the same. Espedal said that electricity prices fluctuate and we must accept this.
The electrification of the region will become the core of the group for some time to come. In addition, Lyse will continue to develop broadband capabilities.
The rest of the board includes: