Tor Lønnum appointed new CFO of Statkraft

Core Viewpoint - Tor Lønnum has been appointed as the new Executive Vice President and Chief Financial Officer (CFO) of Statkraft, effective from 1 February 2026, succeeding Tone Aastveit Skuterud [1][3]. Group 1: Appointment Details - The recruitment process for the new CFO was initiated in December 2025 and was conducted by Korn Ferry, combining search and open applications [3]. - Lønnum brings over 25 years of senior financial leadership experience from various large Nordic and international companies, including previous CFO roles in regulated and capital-intensive sectors [1][5]. Group 2: Leadership Perspective - Birgitte Ringstad Vartdal, President and CEO of Statkraft, expressed confidence in Lønnum's ability to contribute to the company's success, highlighting his broad strategic, financial, and leadership experience [2]. - Lønnum emphasized his eagerness to support Statkraft's refined strategy and long-term value creation, recognizing the company's critical role in Europe's energy system and renewable resource development [4]. Group 3: Company Background - Statkraft is recognized as Europe's largest generator of renewable energy, specializing in hydropower, wind power, solar power, and gas-fired power, with operations in over 20 countries and approximately 7,000 employees [7].