Yara International ASA, Oslo, on June 23 announced new appointments to its Group Executive Board effective July 1, 2021, aimed at strengthening the company’s transformation focus and portfolio development.
Lars Røsæg has been appointed EVP Corporate Development & Deputy CEO. He has served as EVP & CFO since November 2018. In this new role, Røsæg will be responsible for overseeing operations and capital allocation across the company, as well as Yara’s Strategy, M&A, Portfolio Development, Corporate Communications, and Corporate Affairs functions.
Thor Giæver has been appointed EVP & CFO. He has served as SVP Investor Relations since 2011, and has previously held the positions of Acting CFO (2014-2015) and Head of Controlling & Risk Management (2009-2011), having joined the company in 2004. Giæver will be responsible for Corporate Finance, Market Intelligence, Investor Relations, Accounting, Funding, Treasury, Insurance, and Sustainability Governance functions.
“These changes to our Group Executive Board will strengthen our transformation focus, in line with our corporate strategy and capital allocation policy,” said Yara President and CEO Svein Tore Holsether.
Mónica Andrés has been appointed EVP Europe. Andrés is currently VP Farming Solutions Europe and a 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 the company, including SVP Business Unit Asia and Commercial Director Mediterranean.
Solveig Hellebust has been 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.