REC Group's Executive Management

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Ole Enger
President & CEO
Born: 1948
Mr. Enger has been President & CEO since April 2009.
Education: Mr. Enger holds a degree from the Norwegian University of Life Sciences and a business degree from the Norwegian School of Economics.
Career: Mr. Enger came from a position as President & CEO of SAPA AB. He has held the position as President & CEO of Elkem AS and Executive Vice President of Elkem AS.
Shareholding in REC: 32 941 Options: 1,122,341
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John Andersen, Jr.
Group COO & EVP - Wafer, Cells & Modules
Born: 1967
Mr. Andersen joined REC in 2001.
Education: Mr. Andersen holds a Master of Business and Economics (Finance) from the Norwegian School of Management.
Career: Mr. Andersen has held the position as Sales & Marketing Manager of Borregaard Italia S.p.A,
Shareholding in REC: 292 798 Options: 845,549
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Tore Torvund
Executive Vice President - REC Silicon
Born: 1952
Mr. Torvund joined REC in 2009.
Education: Mr. Torvund holds a Master of Science from the Norwegian University of Science and Technology.
Career: Mr. Torvund has held the position as Executive Vice President, Exploration & Production in StatoilHydro ASA, Executive Vice President Oil and Energy in Norsk Hydro ASA.
Shareholding in REC: 16 486 Options: 822,156
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Bjørn Brenna
Executive Vice President & CFO
Born: 1956
Mr. Brenna joined REC in 2006.
Education: Mr. Brenna holds a Master of Business Administration from Norwegian School of Management and a Bachelor of Science in Electrical Engineering.
Career: Mr. Brenna has held the position as Head of Group Finance of Telenor ASA, CFO of Orkla Foods AS and CFO of Lillehammer Olympic Organizing Committee.
Shareholding in REC: 85 511 Options: 740,171
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Kristine Ryssdal
Senior Vice President - Chief Legal Officer
Born: 1960
Ms. Ryssdal joined REC in 2008.
Education: Ms. Ryssdal is a candidate of jurisprudence from the University of Oslo, and holds a Master of Laws from London School of Economics.
Career: Ms. Ryssdal held the position as Senior Advisor, Commercial & Legal Affairs of StatoilHydro Canada Ltd., Legal Counsel of Norsk Hydro Canada Oil & Gas Inc, Legal Counsel of Norsk Hydro ASA, attorney at Norwegian Attorney General’s Office. Admitted to the Supreme Court Bar.
Shareholding in REC: 3 085 Options: 584,219
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Erik Sauar
Senior Vice President & CTO
Born: 1969
Erik Sauar founded SolEnergy in 1999, a downstream PV company that later took place in the merger to form REC Group.
Education: Mr. Sauar holds a doctorate degree in physical chemistry and a Master of Science in chemical engineering, both from Norwegian University of Science and Technology, and a Master of Arts in Anthropology from the University of Trondheim.
Career: Mr. Sauar held the position as Managing Director of SolEnergy and advisor in Bellona Foundation.
Shareholding in REC: 257 467 Options: 642,125
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Øyvind Hasaas
Executive Vice President - Organizational Development & HR
Born: 1956
Mr. Hasaas joined REC in 2007.
Education: Mr Hasaas has an MBA from the University of Karlstad, Sweden, and management courses at IMD and INSEAD.
Career: Mr. Hasaas came from a position as SVP Site Operations for REC Tuas, Singapore. Prior to joining REC Øyvind held several executive management positions in Hydro, last as Head of Hydro Industrial and Business Parks.
Shareholding in REC: 6 065 Options: 564,229
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