Oslo, 27 March 2023: Pål Hestad, EVP Global Plants & Operational Excellence, has
asked to step down from his current position for personal reasons, and will take
on a different role in Yara.
"Pål has safely led the Global Plants & Operational Excellence organization
through an extraordinary period dominated by a pandemic and war which resulted
in a demanding situation for a global operation like ours. Pål has now asked to
step down and will continue to work for Yara in a different role. I would like
to thank him for his contribution to the Group Executive Board over the past
close to three years," says Svein Tore Holsether, President & CEO.
Pål will continue in the role until his replacement has been found.
Contact
Maria Gabrielsen, Investor Relations
Mobile phone: +47 92090093
Email: maria.gabrielsen@yara.com
Tonje Næss, Media Relations
Mobile phone: +47 40844647
Email: tonje.nass@yara.com
About Yara
Yara grows knowledge to responsibly feed the world and protect the planet.
Supporting our vision of a world without hunger and a planet respected, we
pursue a strategy of sustainable value growth, promoting nature-positive crop
nutrition, and zero-emission energy solutions. Yara's ambition is focused on
Growing a Nature-Positive Food Future that creates value for our customers,
shareholders, and society at large and delivers a more sustainable food value
chain.
To achieve our ambition, we have taken the lead in developing digital farming
tools for precision farming, and work closely with partners throughout the food
value chain to improve the efficiency and sustainability of food production.
Through our focus on clean ammonia production, we aim to enable the hydrogen
economy, driving a green transition of shipping, fertilizer production, and
other energy-intensive industries.
Founded in 1905 to solve the emerging famine in Europe, Yara has established a
unique position as the industry's only global crop nutrition company. We operate
an integrated business model with around 17,500 employees and operations in 60
countries, with a proven track record of strong returns. In 2022, Yara reported
revenues of USD 24.1 billion.
www.yara.com (http://www.yara.com)
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.