Grete Faremo has been Member of the Board since 2006. She gained a Bachelor of Law degree from the University of Oslo in 1978 and is currently Director for Legal and Corporate Affairs in Northern Europe for Microsoft. In addition to having a broad background from Norwegian business inter alia as Executive Vice President of Storebrand Insurance Company from 1997 to 2003 Faremo has held a range of political positions for the Norwegian Labour Party. From 1990 to 1992 she was Minister of Development Cooperation from 1992 to 1996 she was Minister of Justice and in 1996 she was Minister of Oil and Energy. She was an elected Member of Stortinget the Norwegian Parliament from 1993 to 1997. She has also held a number of positons in Boards and Commissions. Faremo is a member of the Compensation Committee. |