Yara International ASA: Torgeir Kvidal appointed acting CEO
(Thomson Reuters ONE) -
Oslo, 7 October 2014: Torgeir Kvidal is appointed Acting CEO effective 7 October
2014, and Jørgen Ole Haslestad has resigned as Yara CEO.
"Yara's Board have concluded that Haslestad is not the right person to lead the
company going forward, also in light of the on-going talks with CF Industries.
Haslestad would not have a role in a potential merged company," says Leif
Teksum, Chairman of the Yara Board of Directors.
"I would like to take this opportunity to thank Jørgen for his contribution to
Yara, first as a Board member and since 2008 as CEO. Yara has made considerable
progress under Haslestad's leadership," says Teksum.
"The discussions with CF Industries will continue with Kvidal leading the Yara
team, with support from the Board and in particular from me as Chairman," says
Teksum.
Torgeir Kvidal (born 1965) has served as Chief Financial Officer since May 2012
and was Head of Supply & Trade from 2011 to 2012, having joined Norsk Hydro in
1991. Mr. Kvidal holds a Master's degree from the Norwegian School of Economics
and Business Administration (NHH).
Contact
Thor Giæver, Investor Relations
Telephone (+47) 24 15 72 95
Cellular (+47) 48 07 53 56
E-mail thor.giaver(at)yara.com
Esben Tuman, Media Relations
Cellular (+47) 90 50 84 00
E-mail esben.tuman(at)yara.com
Yara delivers solutions for sustainable agriculture and the environment. Our
fertilizers and crop nutrition programs help produce the food required for the
growing world population. Our industrial products and solutions reduce
emissions, improve air quality and support safe and efficient operations.
Founded in Norway in 1905, Yara has a worldwide presence with sales to 150
countries. Safety is always our top priority.
www.yara.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Yara International ASA via GlobeNewswire
[HUG#1861100]
Unternehmensinformation / Kurzprofil:
Datum: 07.10.2014 - 08:46 Uhr
Sprache: Deutsch
News-ID 341908
Anzahl Zeichen: 2651
contact information:
Town:
Oslo
Kategorie:
Business News
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