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New Borealis Supervisory Chairman has been Nominated

6:08 AM MDT | March 25, 2010 | Kerri Walsh

 Borealis says H.E. Khadem Al Qubaisi, managing director of the International Petroleum Investment Company (IPIC) and chairman Aabar Investments, has been nominated as the chairman of the supervisory board, effective March 5, 2010. He assumed the role from Gerhard Roiss, OMV deputy chairman, who will become Vice Chairman of the Supervisory Board. In accordance with the rotation principle agreed to by the shareholders in the shareholders agreement, IPIC has the right to nominate the chairman of the Borealis’ board until 31 December...

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