Management

 

Thorleif Enger  

President and Chief Executive Officer

Dr. Enger has acted as Executive Vice President of Hydro Agri since 1999 and CEO of Yara since March 2004. Employed at Hydro since 1973, Dr. Enger has held numerous positions. He served as Executive Vice president of Oil & Energy from 1996 to 1999, president of Hydro’s Exploration & Production Division from 1987 to 1996, and Project Director of the Oseberg field from 1982 to 1986. Prior to 1973, he worked as a senior research engineer for the Shell Development Company in the United States

Dr. Enger has a Ph.D., an M.Sc. and a B.Sc. in Structural Engineering from the University of Colorado.

 
 
 

Sven Ombudstvedt  

Chief Financial Officer and Head of Strategy

Mr. Ombudstvedt has served as CFO and Head of Strategy of Yara since October 2006. He held the post of Senior Vice President, Upstream, from 2003 until 2006. Previously, he was Senior Vice President, Corporate Strategy, for the Hydro Group from 2002 to 2003, and deputy to Hydro Agri’s Chief Operating Officer from 2000 to 2002, with commercial strategy and industrial restructuring as his main responsibility. Prior to 2000, he worked in several senior positions in Hydro Agri’s European operations between 1993 and 1999, and was a senior systems analyst on several large projects from 1991 to 1993.

Mr. Ombudstvedt earned a Bachelor of Business Administration from Pacific Lutheran University in Tacoma, Washington and a Master of International Management from the American Graduate School of International Management (Thunderbird) in Glendale, Arizona.

 
 
 

Tor Holba  

Head of Upstream segment

Mr. Holba has served as Senior Vice President, Upstream since October 2006. He was Senior Vice President, Downstream from 2003 until 2006. He has held numerous positions in Hydro since 1981. From 2001 to 2003, he served as Senior Vice President of Global Supply Chain Management, from 2000 to 2001, he acted as President of Trevo, from 1998 to 2000, he served as head of Business Unit Latin America, from 1993 to 1997, he worked as President of Hydro Agri Mexico, and from 1991 to 1993, he was employed as Regional Marketing Director for Asia and Managing Director of Hydro (Far East) Ltd.

Mr. Holba was educated at the Norwegian Institute of Technology, receiving a Master of Science degree in Mechanical Engineering.

 
 
 

Ed Cavazuti  

Head of Downstream segment

Mr. Cavazuti has served as Senior Vice President, Downstream since October 2006. He was President of Yara Asia from 2004 until 2006. From 1998 until 2004, he was President of Norsk Hydro North America. He acted as Vice President, Marketing International, at Norsk Hydro from 1989 until 1998 and prior to this he was Vice President, Finance, at Norsk Hydro’s US operations. He started his career at Arthur Andersen in 1975.

Mr. Cavazuti studied at Colby College and New York University. He holds a Masters degree in Business Administration. He is a certified Public Accountant.

 
 
 

Terje Bakken  

Head of Industrial segment

Mr. Bakken has served as Senior Vice President and Head of Yara’s Industrial Segment since September 2004. Previously, he was Head of Business Unit Ammonia Trade and Shipping, Brussels from 2000 to 2004, Managing Director of Hydro Asia Trade, Singapore from 1996 to 2000, Managing Director of Norsk Hydro (Far East) Ltd. from 1994 to 1996, and in different sales and marketing positions in the agricultural area in Oslo before he moved to Hong Kong in 1993. He was working in Sintef, Trondheim before starting with Norsk Hydro in 1988.

Mr. Bakken obtained a Master of Business Administration degree in the UK from Bath University, School of Management.

 
 
 

Hallgeir Storvik  

Head of Supply and Trade

Mr. Storvik has served as Senior Vice President, Supply and Trade, since October 2006. He was Chief Financial Officer of Hydro Agri from 2000 and was CFO of Yara until 2006. He was employed by Hydro in 1984, and was responsible for the strategy that led Hydro Agri to undertake a major turnaround from 1999 to 2000. Mr. Storvik also acted as CFO of Hydro Agri International from 1995 to 1999, with responsibility for developing a risk management system for the growing fertilizer business outside of Europe.

Mr. Storvik graduated from the Norwegian School of Economics and Business Administration in Bergen.

 
 
 

Arne Cartridge  

Chief Communication Officer

Mr. Cartridge has served as Chief Communication Officer of Yara since 2004. From 1996 to 2003, he worked for Telenor, Norway’s largest telecommunication company, where he served as Head of Public Relations and Public Affairs. Prior to his association with Telenor, Mr. Cartridge was for three years the head of daily operations and business development for one of Norway’s leading communications agencies, Gazette. Before that he was employed as marketing manager and director of communications of Digital Equipment Corp. and a public relations consultant and journalist in Publicity AS and Informativ AS.

Mr. Cartridge has a Bachelor of Science degree in International Politics and Middle Eastern History from the University of Bergen.

 
 
 

Anne Grethe Dalane  

Chief Personnel Officer

Ms. Dalane has served as Chief Personnel Officer of Yara since 2003. Employed at Hydro since 1984, Ms. Dalane held numerous financial positions. She served as Vice President, Human Resources, for Hydro Oil and Energy from 2001 to 2003, Vice President, Corporate Strategy, from 2000 until 2001, and Vice President, Finance, of Oil and Gas, Norway, from 1996 to 1999.

Ms. Dalane graduated from the Norwegian School of Economics and Business Administration in Bergen and is also a Certified Financial Analyst.

 
 
 

Ken Wallace  

Chief Legal Counsel

Mr. Wallace has served as Chief Legal Council of Yara since 2003. He was Vice President and General Counsel, Norsk Hydro Americas, Inc., the Hydro corporate center for North, Central and South America and the Caribbean, from 1997 to 2003. Previously, he was a partner in the law firm of Bryan Cave LLP and predecessor firms in Kansas City, Missouri, United States from 1976 to 1997.

Mr. Wallace received his Bachelor of Arts degree from California State University at Long Beach and his Juris Doctor degree from the Harvard Law School. He is admitted to the bar in the States of Colorado and Missouri.

 
 
Management shareholding
 

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