Hydro Declared Key Changes to Executive Leadership

SEATTLE (Scrap Monster): Hydro’s new President and CEO, Eivind Kallevik announced major changes to the company’s executive leadership team, as he assumed his new position yesterday.

According to company news release, Hanne Karine Simensen, former Head of Commercial in Hydro Aluminium Metal, will take over as Executive Vice President (EVP) of Hydro Aluminium Metal. Hanne succeeds Eivind Kallevik, who is the company’s new President and CEO.

Also, Kari Ekelund Thorud, Head of Ownership Governance in Hydro Energy, will replace Arvid Moss as Executive Vice President of Hydro Energy. Moss, who will step down from the role with effect from 1st July, 2024, after serving the company’s Executive Leadership Team for 16 years, will continue as Chairman of the Board of Hydro Rein.

Trond Olaf Christophersen, EVP for Corporate Development and interim Chief Financial Officer (CFO), will take on the role as CFO. The company’s Corporate Development portfolio will continue to report to Christophersen. He was appointed acting CFO on 6th March, 2024.

As part of the ongoing changes, the company has revised the name of Corporate Management Board to Executive Leadership Team. Women, now has a 55% share of top leadership in Hydro’s newly constituted Executive Leadership Team.

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