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Chairman of the Board since 2004
Chairman of the Compensation Committee. Dr. Lund (born 1945) has broad international industrial experience, having held the position of President and Country Manager of ABB Holding AS, Turkey 2003–06; Senior VP and Group Function Manager, ABB Asea Brown Boveri Ltd, Switzerland 2001–03; President of ABB AS, Norway 1998–2001. Previously, he held senior management positions with ABB National Transformer AS, Norway; ABB Transformers AB, Sweden; Tanelec Ltd., Tanzania, and National Industri AS, Norway. He holds an MSc and a Ph.D. degree in Electrical Engineering from the Norwegian Institute of Technology (NTH) and a degree in Industrial Economy from BI Norwegian School of Management. Dr. Lund is Chairman of the Board of Maracc ASA.
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