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United States

People: Norsk Hydro ASA (NHY.OL)

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Brandtzaeg, Svein 

Mr. Svein Richard Brandtzaeg has served as President and Chief Executive Officer of Norsk Hydro ASA since March 30, 2009. He has also been Member of the Management Board of the Company since 2006. Prior to this, he served as Executive Vice President responsible for Aluminum Products of Norsk Hydro ASA from 2006. He started his career as Project Manager in the ASV Group before joining Hydro in 1985. In subsequent years he held various positions within Hydro's aluminum business, including Cathode Workshop Manager, Human Resources Training and Education Manager, Technical Manager and Casthouse and Marketing Manager. From 1998 to 1999, he was Vice President Casthouses before serving as Head of Magnesium in 2000-2001. During the period 2002-2003, he was Head of Metal Products and in 2003-2006 Head of Rolled Products. He serves as Chairman of the Board of Sapa and of the Norwegian University of Science and Technology (NTNU). Mr. Brandtzaeg holds a degree from Handelhoyskolen BI and a Doctorate of Philosophy degree from Norges Teknisk-Naturvitenskapelige Universitet - NTNU.

Basic Compensation

Total Annual Compensation, NOK 14,300,000
Restricted Stock Awards, NOK --
Long-Term Incentive Plans, NOK --
All Other, NOK --
Fiscal Year Total, NOK 14,300,000

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --
Name Fiscal Year Total

Dag Mejdell

709,000

Svein Brandtzaeg

14,300,000

Irene Rummelhoff

411,000

Eivind Kallevik

4,398,000

Anne-Lene Midseim

3,963,000

Hanne Simensen

4,163,000
As Of  30 Dec 2015