Elkem ASA (0SFN.L)

38.15 +0.95 (+2.55%) At close: 05:45PM GMT

Elkem ASA

Drammensveien 169
Oslo 0277
Norway
47 22 45 01 00
https://www.elkem.com

Sector(s): 
Industry: 
Full-time employees: 7,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Helge Aasen	Chief Exec. Officer	N/A	N/A	1963
Mr. Morten Viga	Chief Financial Officer	7.52M	N/A	1964
Mr. Havard I. Moe	Sr. VP of Technology	5.5M	N/A	1966
Ms. Katja Lehland	Sr. VP of HR	6.63M	N/A	1968
Mr. Asbjorn Sovik	Sr. VP of Green Ventures & Digital	7.06M	N/A	1963
Mr. Inge Grubben-Stromnes	Sr. VP of Silicon Product	7.52M	N/A	1974
Mr. Frederic Jacquin	Sr. VP of Strategy & Bus. Devel.	6.85M	N/A	1967
Mr. Louis Vovelle	Sr. VP of Innovation and R&D	4.59M	N/A	1958
Mr. Luiz Simao	Sr. VP of Carbon Solutions Division	5.23M	N/A	N/A
Mr. Tom Preststulen	Managing Partner	N/A	N/A	1947

Amounts are as of 31 December 2021, 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

Elkem ASA manufactures and sells metals and materials in Norway, the United Kingdom, Germany, France, Italy, Poland, Spain, the Netherlands, and othe European countries. It operates through three segments: Silicones, Silicon Products, and Carbon Solutions. The Silicones segment produces and sells various silicone-based products across various sub-sectors, including release coatings, engineering elastomers, healthcare products, specialty fluids, emulsions, and resins. The Silicon Products segment produces various grades of metallurgical silicon, ferrosilicon, foundry alloys, and micro silica for use in various end applications. The Carbon Solutions segment produces carbon electrode materials, lining materials, and specialty carbon products for metallurgical processes to produce various metals. Elkem ASA also engages in the generation and sale of hydroelectric power, as well as supplies heat in the form of steam and hot water. The company was incorporated in 1904 and is headquartered in Oslo, Norway. Elkem ASA is a subsidiary of Bluestar Elkem International Co., Ltd. S.A.

Corporate governance

Elkem ASA’s ISS governance QualityScore as of 28 January 2023 is 7. The pillar scores are Audit: 4; Board: 8; 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.