OSLO, NORWAY--(Marketwire - Jun 8, 2012) - Norsk Hydro ASA will change the structure and
composition of its Corporate
Management Board, effective August 15, to reflect the company's strategic
Metal Markets and Primary Metal will be organized under the leadership of
Executive Vice President (EVP) Hilde Merete Aasheim. Metal Markets will
to be reported as a separate reporting segment. The changes will ensure a
realization of even more synergies between the two business areas.
Kjetil Ebbesberg, EVP and currently head of Metal Markets, will take on the
as plant manager of the Holmestrand rolling mill.
The Projects business area and EVP Tom Røtjer, today part of Corporate
Management Board, will report to EVP and head of Energy Arvid Moss.
The announced changes will take effect on August 15 and will reduce the
of members of Corporate Management Board from 10 to 8.
This information is subject of the disclosure requirements pursuant to
5-12 of the Norwegian Securities Trading Act.
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Source: Norsk Hydro via Thomson Reuters ONE