Business News
Wednesday 24. October 2012

Stora Enso’s Nomination Board appointed

Stora Enso’s Annual General Meeting (AGM) on 24 April 2012 decided to appoint a Nomination Board to prepare proposals concerning (a) the number of members of the Board of Directors, (b) the members of the Board of Directors, (c) the remuneration for the Chairman, Vice Chairman and members of the Board of Directors and (d) the remuneration for the Chairman and members of the committees of the Board of Directors, the Vice Chairman of the Board of Directors and two other members appointed by the two largest shareholders (one each) as of 30 September 2012.

Wednesday 24. October 2012

Schibsted ASA (SCH) – NWT continues as a long term strategic shareholder in Polaris Media

Schibsted Media Group has been informed by Nya Wermlands-Tidningens Aktiebolag (NWT) that they will continue as a long term strategic shareholder in Polaris Media ASA. Neither NWT nor Helsingborgs Dagblad AB will exercise their option to sell back shares in Polaris Media to Schibsted. NWT acquires Helsingborgs Dagblad AB’s shares in Polaris, and will hold totally 14.4 per cent of the shares. Polaris is a Norwegian regional media house which also owns 10 per cent of the shares in the leading Norwegian online classifieds site Finn.

Tuesday 23. October 2012

American Media, Inc. Names Cheryl Kramer Kaye Executive Beauty Director Of Women’s Lifestyle & Entertainment Groups

David J. Pecker, Chairman, President and CEO of American Media, Inc. (AMI), today announced the appointment of Cheryl Kramer Kaye as the Executive Beauty Director of AMI’s Women’s Lifestyle & Entertainment Groups. In her new role, Kramer Kaye will contribute her beauty and style expertise to Shape and continue to provide Star magazine readers with highly influential style and beauty trends from both on and off the red carpet.

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