Yara International ASA Announces Appointments to Its Group Executive Board Effective 1 July 2021
June 23, 2021 at 02:00 am
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Yara makes the following appointments to its Group Executive Board effective 1 July 2021, to strengthen transformation focus and portfolio development. Lars Røsæg is appointed EVP Corporate Development & Deputy CEO. Røsæg has served as EVP & Chief Financial Officer in Yara since November 2018. In this new role, Røsæg will be responsible for overseeing operations and capital allocation across Yara as well as Yara’s Strategy, M&A, Portfolio Development, Corporate Communications and Corporate Affairs functions. Thor Giæver is appointed EVP. Giæver has served as SVP Investor Relations in Yara since 2011, and has previously held the positions of Acting CFO (2014-2015) and Head of Controlling & Risk Management (2009-2011), having joined Yara in 2004. Mónica Andrés is appointed EVP Europe. Andrés is currently VP Farming Solutions Europe and member of the Yara Europe regional leadership team with the overall responsibility for shaping Yara Europe’s strategic agenda, and has previously held several leading commercial and operational positions in Yara including SVP Business Unit Asia and Commercial Director Mediterranean. Solveig Hellebust is appointed EVP People, Process and Digitalization. Hellebust has served as Yara’s Chief HR Officer since December 2020, before which she was Group EVP People & Operations in DNB. She has previously held senior roles in Pronova BioPharma and Telenor. Hellebust will have overall responsibility for Yara’s people and competence development, and for the data architecture and infrastructure to enable the digitalization of Yara’s core processes and operations.
Yara International ASA is a worldwide leader in producing and selling mineral fertilizers. Net sales break down by activity as follows:
- production and sale of mineral fertilizers (72.8%): 26.4 million tons sold in 2022 of simple nitrogenated fertilizers (calcium nitrates, urea, etc.), complex fertilizers (nitrogen- phosphorous- and potassium- based), specialty fertilizers (plant nutrition products, potassium nitrates, etc.), and magnesium- and sulfur-based fertilizers. Net sales are distributed by geographic area between Europe (32.9%), Americas (48.8%), Africa and Asia (18.3%);
- sale of industrial chemical products (18.5%): 7.4 million tons of nitrogen based chemical products sold (including ammonia, nitric acids, ammonium nitrates) for the automotive, construction, waste treatment, shipping, chemical, mining and animal feed industries;
- production of ammonia (8.1%). The group also develops ammonia trading activity;
- other (0.6%).
At the end of 2022, the group had 26 production sites worldwide.
Net sales are distributed geographically as follows: Europe (35.4%), Brazil (25.6%), Latin America (8%), Asia (12.6%), North America (12.4%) and Africa (6%).
YARA INTERNATIONAL ASA 
