Pål Eitrheim (pictured) has been appointed executive vice president for the business area Nordics at Statkraft.
Eitrheim is currently executive vice president for renewables at Equinor. He will assume the position by June 2025 at the latest.
Jens Økland has been appointed as acting executive vice president for renewables at Equinor effective from December 6.
President and chief executive of Statkraft Birgitte Ringstad Vartdal, said: “I am very proud and pleased that Pål Eitrheim has accepted the important role as head of our power plant operations and project development activities in Norway and Sweden.
“Pål will, among other responsibilities, oversee Norwegian hydropower, the backbone of Statkraft.
“Our hydropower plants constitute one-third of Norwegian power production and we are in the process of further developing them for the future.”
Pål Eitrheim has been executive vice president for renewables at Equinor since August 2018.
He joined Equinor in 1998 and has held numerous leading management positions in the company, including roles in Azerbaijan, Washington D.C., the CEO’s office, and Corporate Strategy.
Previously, he also led Equinor’s upstream business in Brazil and was director of procurement in the company.
He said: “Statkraft is Norway’s and Europe’s largest producer of renewable power, and thus one of the most important companies in the energy transition.
“It is also one of Norway’s most valuable and value-creating companies.”