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Statoilsupervisors back board on Iran Reuters, 09.24.03, 1:58 PM ET STAVANGER, Norway, Sept 24 (Reuters) - Supervisors of Norwegian oil and gas group Statoil named a new board leader on Wednesday after a string of high-level resignations at Norway's biggest company over an Iran-related scandal. The corporate assembly, which oversees the board, also said it had confidence in the remaining eight members of the board after Leif Terje Loeddesoel quit as chairman late on Sunday. Chief executive Olav Fjell resigned on Tuesday. "The corporate assembly has confidence in the remaining members of the company's board," a statement said after a meeting of the assembly. It said it was appointing Kaci Kullmann Five, a former Norwegian trade minister and member of the committee that awards the Nobel Peace Prize, as acting chair of the group. http://www.forbes.com/home_europe/newswire/2003/09/24/rtr1090512.html
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