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Norsk Hydro ASA (NHYDY)

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Norsk Hydro ASA

Drammensveien 260
Vækerø
Oslo 0240
Norway
47 22 53 81 00
http://www.hydro.com

Sector
Industry
Full Time Employees13,000

Key Executives

NameTitlePayExercisedAge
Mr. Svein Richard BrandtzægChief Exec. Officer, Pres and Member of Corp. Management BoardN/AN/A60
Mr. Eivind KallevikChief Financial Officer, Exec. VP and Member of the Corp. Management BoardN/AN/A50
Mrs. Hilde Merete AasheimExec. VP of Primary Metal and Member of The Corp. Management BoardN/AN/A59
Mr. Arvid MossExec. VP of Energy & Corp. Bus. Devel. and Member of Corp. Management BoardN/AN/A59
Mr. Kjetil M. EbbesbergExec. VP of Rolled Products Bus. Area and Member of Corp. Management Board811.3kN/A46
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Norsk Hydro ASA, an aluminum company, engages in power production, bauxite extraction, alumina refining, aluminum smelting, remelting and recycling, and rolling activities worldwide. It operates in Bauxite & Alumina, Primary Metal, Metal Markets, Rolled Products, and Energy segments. The Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, as well as the sale of alumina. The Primary Metal segment is involved in the aluminum production, remelting, and casting activities. This segment primarily offers extrusion ingots, foundry alloys, sheet ingot, and standard ingot products. The Metal Markets segment sells products from the company’s primary metal plants; operates remelters; and trades in physical and financial metals. The Rolled Products segment operates rolling mills. This segment primarily offers aluminum foil, strip, sheet, and lithographic plate for application in various sectors, such as packaging, automotive, and transport industries, as well as for offset printing plates. The Energy segment owns and operates 26 hydroelectric power plants with an installed capacity of approximately 2,000 MW in Norway. The company also serves building/construction, general engineering, electronics, solar, and HVACR industries. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.

Corporate Governance

Norsk Hydro ASA’s ISS Governance QualityScore as of July 1, 2017 is 4. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 1; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.