Statoil Fuel & Retail appoints SVP Real Estate Asset Management
28 February 2011 - Statoil Fuel & Retail ASA ("Statoil Fuel & Retail", Ticker:
SFR) appoints Sonja Horn, as Senior Vice President Real Estate Asset
Management.Â Horn joins Statoil Fuel & Retail on 7 March 2011 from her position
as partner in Union Norsk NÃ¦ringsmegling AS, a Norwegian real estate brokerage.
Horn will report to Klaus-Anders Nysteen, CFO Statoil Fuel & Retail ASA.
"Statoil Fuel & Retail has a long history of developing a network of excellent
locations representing a strategic value for the company. We will now use the
opportunity to optimise our real estate assets from a financial perspective,"
says Klaus-Anders Nysteen. "Sonja's long background from financing commercial
real estate from Fokus Bank as well as her experience from Union Gruppen is
perfect for us."
In this new position, Horn will responsible for the commercial development of
Statoil Fuel & Retail's property assets. To define and implement the optimal
real estate asset management strategy including its financial implications is a
key focal point.
Prior to her position as Partner & Co-owner of Union, Horn worked in Fokus Bank
as Director of Fokus Kreditt AS from 2000-2004 and Head of Large Accounts from
2004-2008. She has also experience as Finance Consultant and Senior Account
Manager in DNB NOR from 1996-2000. She holds a B.Sc. Economics from BI Norwegian
School of Management.
For more information please contact:
Karen Romer, SVP Communications, +47Â 950 74Â 950, email@example.com
About Statoil Fuel & Retail
Statoil Fuel & Retail is a leading Scandinavian road transport fuel retailer
with over 100 years of operations in the region. We have a broad retail network
across Scandinavia, Poland, the Baltics, and Russia with approximately 2,300
full-service (fuel and convenience) or automated (fuel only) stations.
Statoil Fuel & Retail's other products include stationary energy, marine fuel,
aviation fuel, lubricants and chemicals. In Europe, we operate 12 key terminals,
approximately 400 road tankers and 50 depots in eight countries. We also deliver
aviation fuel at 85 airports in nineÂ countries and produce and sell 750
different lubricant products.
Including employees at Statoil branded franchise stations, more than 17,000
people work at our sites across Europe, while approximatelyÂ 2,000 people work in
our corporate headquarters, our eight national headquarters, our terminals and
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Source: Statoil Fuel & Retail ASA via Thomson Reuters ONE