Mr Eivind Kallevik has been appointed Executive Vice President and Chief Financial Officer for the Norwegian aluminium company Norsk Hydro ASA. The appointment of Kallevik, currently head of Finance in Hydro's Bauxite & Alumina business area, will become effective from February 15, 2013.
Mr Svein Richard Brandtzaeg president and CEO of Hydro said that "Kallevik has broad operational and strategic experience from Hydro's entire value chain, giving him a solid platform for the job as Hydro's CFO.”
"Following two years in Brazil, Kallevik has acquired first-hand experience and in depth understanding of the strategically important Bauxite & Alumina business area."
Mr Kallevik holds a Master's degree in Business Administration from the University of San Francisco. He has worked in Hydro since 1998 in a variety of senior positions in the corporate center and in business areas along the value chain, in Norway and internationally. His Hydro career includes core positions within the finance area, including corporate accounting, financial reporting, performance management and treasury.
He will replace EVP and CFO Jørgen C Arentz Rostrup who will leave Hydro to pursue other opportunities.
