NORWAY: Heyerdahl resigns from Orkla, gives way to proposals for change in board
The "King of Orkla", Jens Paludan Heyerdahl the younger, seems to have lost the struggle for the Norwegian food, media, chemical and financial group he has run for the past 22 years. At Orkla's AGM yesterday he unexpectedly resigned, supporting a proposal for a new board that will include a number of his critics.
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