Revision of Authority Yara International Announces Management Changes
Several key positions have been changed to strengthen the company’s ability to deliver on its strategy of meeting global challenges with value-creating business opportunities.
Oslo/Norway – Yara International, one of the world’s leading fertilizer company and provider of environmental solutions has announced changes to the organization’s structure and corporate management. Petter Østbø will take up the position of EVP and Chief Financial Officer (CFO). Østbø currently serves as EVP Production. Torgeir Kvidal will take up the position of Head of Mining operations, reporting to EVP Production.
Tove Andersen will take up the position of EVP Production. Andersen currently serves as EVP Supply Chain. Pablo Barrera Lopez, currently Country Manager Yara Chile, will take up the position of EVP Supply Chain.
Corporate Innovation will be moved to Industrial and report to EVP Industrial, Yves Bonte. Consequently, Pierre Herben will no longer be part of the executive management team. Alvin Rosvoll will continue to be responsible for the company’s partner operations and from now on report to EVP People & Global Functions, Lene Trollnes.
The above changes will take effect immediately, except for Tove Andersen and Pablo Barrera Lopez who will take up their new positions on April 1, 2018. Petter Østbø will continue as EVP Production until April 1, in addition to his new role as CFO.
Post the changes, the executive management team of Yara International will comprise Svein Tore Holsether, President and CEO; Tove Andersen, EVP Production; Yves Bonte, EVP Industrial; Lair Hanzen, EVP Yara Brazil; Pablo Barrera Lopez, EVP Supply Chain; Terje Knutsen, EVP Crop Nutrition; Kristine Ryssdal, EVP General Counsel; Terje M. Tollefsen, EVP Strategy & Business Development; Lene Trollnes, EVP People & Global Functions and Petter Østbø, EVP Chief Financial Officer.