Per C Kløvstad, previously CEO of Peterson, will focus on issues related to Peterson’s troubled financial situation. New member of Peterson’s group management is Øystein Vedahl, previously with Nordic Paper. New mill manager at Peterson Linerboard’s mill in Moss in southern Norway is Leif Johansen, previously maintenance manager at the mill.As Papernet reported in April, the Peterson group reached an agreement with the Norwegian government’s financing organ Innovasjon Norge and the Norwegian bank DnB Nor on terms for refinancing that raised 30 million Norwegian Kroner from Peterson’s owners and 150 million in new loans from Innovasjon Norge and DnB, as well as cash payment of 122 million Kroner for the sale of property.A condition for the refinancing was a public composition for the subsidiary Peterson Linerboard, which is unable to pay its debts to suppliers. The public composition has taken longer time than expected, but the composition negotiations are estimated to be completed in August or September.Andreas Enger, previously CFO of Norske Skog, was electad Chairman of Peterson in the autumn 2009.