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Norsk Hydro ASA (NHYKF)

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Norsk Hydro ASA

Drammensveien 260
Vækerø
Oslo 0240
Norway
47 22 53 81 00
https://www.hydro.com

Sector(s)Basic Materials
IndustryAluminum
Full-time employees31,264

Key executives

NameTitlePayExercisedYear born
Ms. Hilde Merete AasheimPres, CEO & Member of Corp. Management Board1.16MN/A1958
Mr. Pal KildemoExec. VP, CFO & Member of the Corp. Management Board553.33kN/A1984
Mr. Arvid MossExec. VP of Energy & Member of Corp. Management Board503.21kN/A1958
Mr. Eivind KallevikExec. VP of Aluminium Metal & Member of Corp. Management Board763.52kN/A1967
Ms. Anne-Lene MidseimExec. VP of Compliance, IP & Gen. Counsel and Member of Corp. Management Board546.03kN/A1968
Mr. John Gabriel ThuestadExec. VP of Bauxite & Alumina and Member of Corp. Management Board1.21MN/A1960
Ms. Hilde Vestheim NordhExec. VP of People & HSE and Member of Corp. Management Board442.46kN/A1969
Mr. Paul WartonExec. VP of Hydro Extruded Solutions & Member of Corp. Management Board1.36MN/A1961
Ms. Helena NonkaExec. VP of Corp. Devel. & Member of Corp. Management Board569.88kN/A1975
Mr. Peik NorenbergHead of Corp. Fin.N/AN/AN/A
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 USD.

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 Bauxite & Alumina, Aluminium Metal, Metal Markets, Extrusions, and Energy segments. The Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina. The 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 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 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 May 2022 is 6. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 10; Compensation: 6.

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.