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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
http://www.hydro.com

Sector(s)Basic Materials
IndustryAluminum
Full-time employees34,240

Key executives

NameTitlePayExercisedYear born
Ms. Hilde Merete AasheimPres, CEO & Member of Corp. Management Board1.07MN/A1958
Mr. Pal KildemoExec. VP, CFO & Member of the Corp. Management Board435.19kN/A1984
Mr. Arvid MossExec. VP of Energy & Member of Corp. Management Board386.83kN/A1958
Mr. Eivind KallevikExec. VP of Hydro Aluminium Metal & Member of Corp. Management Board664.22kN/A1967
Ms. Anne-Lene MidseimExec. VP of Legal & Compliance and Member of Corp. Management Board469.41kN/A1968
Mr. John Gabriel ThuestadExec. VP of Bauxite & Alumina and Member of Corp. Management Board1.13MN/A1960
Ms. Hilde Vestheim NordhExec. VP of People & HSE and Member of Corp. Management Board402.72kN/A1969
Mr. Einar GlomnesExec. VP, Head of Hydro Rolling & Member of the Corp. Management Board768.06kN/A1969
Mr. Paul WartonExec. VP for Extruded Solutions & Member of Corp. Management BoardN/AN/A1962
Mr. Peik NorenbergHead of Corp. Fin.N/AN/AN/A
Amounts are as of 31 December 2020, 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 operates as an integrated aluminum company worldwide. It operates through six segments: Bauxite & Alumina, Aluminium Metal, Metal Markets, Rolling, Extrusions, and Energy. 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, remelting, and casting activities. This segment principally offers extrusion, sheet, and standard ingots, as well as foundry alloys. The Metal Markets segment sells products from the company's primary metal plants; operates remelters; and trades in physical and financial metals. The Rolling segment operates rolling mills and a primary metal plant. This segment principally offers aluminum foils, strips, sheets, and lithographic plates for application in the packaging, automotive, building and general engineering, and transport industries, as well as for offset printing plates. The Extrusions segment offers extrusion profiles, building systems, and precision tubing products for construction, automotive and heating, and ventilation and air conditioning sectors. The Energy segment owns and operates 40 hydroelectric power plants in Norway. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.

Corporate governance

Norsk Hydro ASA’s ISS governance QualityScore as of 30 June 2021 is 6. The pillar scores are Audit: 1; Board: 3; Shareholder rights: 1; Compensation: 10.

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.