Yara International ASA, Oslo, has announced it will move from a segment structure to a regional organizational structure, effective 1 June 2020. The group’s operations will comprise four profit centers, of which three are regional units and a fourth unit for global production plants and operational excellence including health and safety. In addition, Yara will establish a new Farming Solutions global function.
“The new structure will sharpen our customer focus in each region, while also driving the transformation of our business for the future. It is a further milestone in executing our crop nutrition strategy as an integrated food value chain player,” said Yara International President and CEO, Svein Tore Holsether.
The three regional units will have production, supply chain and commercial operations, while the fourth unit for global production plants and operational excellence will operate Yara’s largest production plants at Porsgrunn and Sluiskil.
Tove Andersen will be head the Europe unit, Chrystel Monthean Africa & Asia, Lair Hanzen Americas and Pal Hestad will lead Global Plants & Operational Excellence. Terje Knutsen, will take up the position of EVP Farming Solutions.