Jon Reinhardsen - Equinor ASA Independent Chairman of the Board

EQNR -- USA Stock  

Fiscal Quarter End: December 31, 2019  

  Chairman
Mr. Jon Erik Reinhardsen was appointed Independent Chairman of the Board at Equinor ASA effective as of September 1, 2017. He is Chair of the Compensation and Executive Development Committee. He is Member of the board of directors of Oceaneering International, Inc., Telenor ASA and Awilhelmsen AS. Reinhardsen was the Chief Executive Officer of Petroleum GeoServices from 2008 August 2017. In the period 2005 2008 Reinhardsen was President Growth, Primary Products in the international aluminum company Alcoa Inc. with headquarters in the US, and he was in this period based in New York. From 1983 to 2005, Reinhardsen held various positions in the Aker Kvaerner group, including Group Executive Vice President of Aker Kvaerner ASA, Deputy Chief Executive Officer and Executive Vice President of Aker Kvaerner Oil Gas AS in Houston and Executive Vice President in Aker Maritime ASA. Reinhardsen has a Masters Degree in Applied Mathematics and Geophysics from the University of Bergen. He has also attended the International Executive Program at the Institute for Management Development in Lausanne, Switzerland.
Age: 61  Chairman Since 2017      
47 51 99 00 00  http://www.equinor.com

Management Efficiency

The company has return on total asset (ROA) of (0.02) % which means that it has lost $0.02 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (0.05) % meaning that it created substantial loss on money invested by shareholders.
The company currently holds 30.49 B in liabilities with Debt to Equity (D/E) ratio of 67.7 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Equinor ASA has Current Ratio of 1.4 which is within standard range for the sector.

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Entity Summary

Equinor ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. Equinor ASA was founded in 1972 and is headquartered in Stavanger, Norway. Equinor ASA operates under Oil Gas Integrated classification in USA and is traded on BATS Exchange. It employs 20525 people.Equinor ASA (EQNR) is traded on BATS Exchange in USA. It is located in Forusbeen 50 and employs 20,525 people. Equinor ASA was previously known as Equinor Asa and was traded on BATS Exchange under the symbol STO. Equinor ASA is listed under Petroleum and Natural Gas category by Fama And French industry classification.

Equinor ASA Leadership Team

Per Labraten, Director, Employee Representative
Hans Hegge, CFO, Executive Vice President
Arne Nylund, Executive Vice President Development and Production Norway (DPN)
Anders Opedal, Executive Vice President Development & Production Brazil (DPB)
Irene Rummelhoff, Executive Vice President New Energy Solutions (NES)
Jon Reinhardsen, Independent Chairman of the Board
Hilde Mollerstad, Director, Employee Representative
Maria Oudeman, Independent Director
Torgrim Reitan, Executive Vice President Development & Production USA (DPUSA)
Pal Eitrheim, Executive Vice President New Energy Solutions (NES)
Peter Hutton, Senior Vice President Statoil, Norway
Stig Laegreid, Director, Employee Representative
Jannicke Nilsson, COO, Executive Vice President
Bjorn Godal, Independent Director
Jeroen Veer, Independent Director
Ingrid Valerio, Director, Employee Representative
Timothy Dodson, Executive Vice President Exploration (EXP)
Finn Ruyter, Director
Anne Drinkwater, Director
Roy Franklin, Independent Deputy Chairman of the Board
Margareth Ovrum, Executive Vice President Technology, Projects and Drilling (TPD)
Eldar Saetre, President CEO
Wenche Agerup, Independent Director
Jens Okland, Executive Vice President Marketing, Midstream & Processing (MMP)
Jonathan Lewis, Director
Rebekka Herlofsen, Independent Director
Lars Bacher, Executive Vice President Development and Production International (DPI)
Al Cook, Executive Vice President Global Strategy and Business Development (GSB)

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Equinor ASA Pair Correlation

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