Norsk Hydro ASA (0Q11.IL)

71.62 +0.61 (+0.86%) At close: 06:45PM BST

Norsk Hydro ASA

Drammensveien 264
Oslo 0283
Norway
47 22 53 81 00
https://www.hydro.com

Sector(s): Basic Materials
Industry: Aluminum
Full-time employees: 32,014

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Hilde Merete Aasheim	Pres, CEO & Member of Corp. Management Board	13.47M	N/A	1958
Mr. Pal Kildemo	Exec. VP, CFO & Member of the Corp. Management Board	5.7M	N/A	1984
Mr. Arvid Moss	Exec. VP of Energy & Member of Corp. Management Board	5.74M	N/A	1958
Mr. Eivind Kallevik	Exec. VP of Aluminium Metal & Member of Corp. Management Board	6.27M	N/A	1967
Ms. Anne-Lene Midseim	Exec. VP of Compliance, IP & Gen. Counsel and Member of Corp. Management Board	4.81M	N/A	1968
Mr. John Gabriel Thuestad	Exec. VP of Bauxite & Alumina and Member of Corp. Management Board	11.95M	N/A	1960
Ms. Hilde Vestheim Nordh	Exec. VP of People & HSE and Member of Corp. Management Board	4.46M	N/A	1969
Mr. Paul Warton	Exec. VP of Hydro Extruded Solutions & Member of Corp. Management Board	13.34M	N/A	1961
Ms. Therese Rod Holm	Exec. VP for Communication & Public Affairs and Member of Corp. Management Board	2.87M	N/A	1975
Mr. Trond Olaf Christophersen	Exec. VP for Corp. Devel., Member of Corp. Management Board & Head of Recycling	3.99M	N/A	1972

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NOK.

Description

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, remelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy segments. The Hydro Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina. The Hydro Aluminium Metal segment is involved in the primary aluminum production casting activities. This segment principally offers extrusion ingots, foundry alloys, and sheet and standard ingots. The Metal Markets segment sells products from the company's primary metal plants; operates recyclers; and trades in physical and financial metals. The Hydro Extrusions segment offers extrusion profiles, building systems, and precision tubing products for construction, automotive and heating, and ventilation and air conditioning sectors, as well as operates recycling facilities. The Hydro Energy segment engages in the trading and wholesale business in Brazil; energy sourcing operations; and operation of power stations in Norway, as well as renewable energy production, such as wind and solar, battery, and hydrogen. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.

Corporate governance

Norsk Hydro ASA’s ISS governance QualityScore as of 1 October 2023 is 3. The pillar scores are Audit: 2; Board: 1; Shareholder rights: 1; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.