Norsk Hydro: Changes in Hydro’s Executive Leadership Team
May 13 2024 - 1:00AM
Norsk Hydro: Changes in Hydro’s Executive Leadership Team
Hydro’s new President and CEO, Eivind Kallevik,
introduced changes to the company’s Executive Leadership Team when
he assumed his new position on May 13, 2024.
Hanne Karine Simensen, former Head of Commercial in Hydro
Aluminium Metal, will take over as Executive Vice President (EVP)
of Hydro Aluminium Metal, following Eivind Kallevik. Kari Ekelund
Thørud, Head of Ownership Governance in Hydro Energy, is replacing
Arvid Moss as Executive Vice President of Hydro Energy, as Moss has
decided to step out of the role effective from July 1, 2024 after
16 years in Hydro’s Executive Leadership Team. Moss will continue
in the capacity as Chairman of the Board of Hydro Rein.
Trond Olaf Christophersen, Executive Vice President for
Corporate Development and interim Chief Financial Officer (CFO),
will take on the role as CFO. The Corporate Development portfolio
will continue to report to Trond Olaf Christophersen.
As part of the changes introduced, Hydro has revised the name of
Corporate Management Board to Executive Leadership Team.
Hydro’s Executive Leadership Team will be as
follows:
- President and CEO: Eivind Kallevik
- EVP and CFO: Trond Olaf Christophersen
- EVP Hydro Bauxite & Alumina: John Thuestad
- EVP Hydro Energy: Kari Ekelund Thørud*
- EVP Hydro Aluminium Metal: Hanne Karine Simensen
- EVP Hydro Extrusions: Paul Warton
- EVP People and HSE: Hilde Vestheim Nordh
- EVP Communication and Public Affairs: Therese Rød Holm
- EVP Compliance, IP and General Counsel: Anne-Lene Midseim
*Effective from July 1, 2024
With the new Executive Leadership Team, the share of women in
Hydro’s top leadership is now 55 percent.
Hanne Karine Simensen to take on the position as new EVP
Hydro Aluminium Metal, succeeding Eivind Kallevik
Hanne Karine Simensen is appointed EVP in Hydro Aluminium Metal,
following Eivind Kallevik. Simensen comes from the position as Head
of Hydro Aluminium Metal Commercial. She has long experience from
Hydro starting in 1994, including Director and Head of Hydro’s
Global Business Services and EVP for People & HSE, as well as
several senior positions in Hydro within the energy business.
Kari Ekelund Thørud to take on the
position as new EVP Energy, succeeding Arvid Moss
Kari Ekelund Thørud is appointed EVP in Hydro Energy, effective
from July 1. Thørud follows Arvid Moss, who has decided to step out
of the role. Thørud is currently Head of Ownership Governance in
Hydro Energy. She has extensive experience from the energy
industry, including CEO of Nord Pool, and Deputy CEO and Senior
Vice President in Hafslund Markets.
Trond Olaf Christophersen to take on the position as
CFO
Trond Olaf Christophersen has been appointed CFO and EVP,
succeeding Pål Kildemo. Christophersen was appointed acting CFO on
March 6, 2024. Christophersen comes from the role as EVP Corporate
Development. He has extensive experience from various roles in
Hydro since he joined the company in 1997. This includes Senior
Vice President and Head of Recycling in Aluminium Metal, key
commercial leadership positions in Hydro Energy and Hydro Aluminium
Metal, plant manager for Hydro’s Karmøy smelter as well as several
commercial, business development, and project roles in Hydro’s
previous oil and gas activities.
Investor contact:Martine Rambøl Hagen+47
91708918Martine.Rambol.Hagen@hydro.com
Media contact:Halvor Molland+47
92979797Halvor.Molland@hydro.com
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act
Norsk Hydro ASA (TG:A2R0MA)
Historical Stock Chart
From Jul 2024 to Aug 2024
Norsk Hydro ASA (TG:A2R0MA)
Historical Stock Chart
From Aug 2023 to Aug 2024