Hilde Aasheim - Norsk Hydro President

NHYKF Stock  USD 6.24  0.04  0.65%   

President

Ms. Hilde Merete Aasheim was appointed President, Chief Executive Officer and Member of the Corporationrationrate Management Board at Norsk Hydro ASA, effective as of May 8, 2019. She no longer serves as Executive Vice President Primary Metal and Member of the Corporationrationrate Management Board of Norsk Hydro ASA effective as of May 8, 2019. She has held the position since March 30, 2009. She was Executive Vice President, Aluminum Metal business area of the Company from November 2008. She joined Norsk Hydro ASA in October 3, 2005, as Executive Vice President for Leadership Culture . Before she came to Hydro Norsk ASA, she was working at the Norwegian industrial Company Elkem AS from 1986 to 2005. She had several senior positions in the Company, both as Line Manager and Manager for Functions such as finance, human resources, health, environment and safety. In 2002, she was Head of the Silicon Division and also Member of Elkems Corporationrationrate Management Board. She was also Head of the Integration between Statoil and Hydro oil and gas activities. Additionally to her current duties at the Company, she serves as Member of the Board of IAI and Member of the Nomination Committee Norsk Industri since 2019.
Age 65
Tenure 5 years
Phone47 22 53 81 00
Webhttps://www.hydro.com
Aasheim has a MS degree in Economics and Business Administration from Norges Handelshoyskole, Bergen NHH, and is also Certified Public Accountant.

Norsk Hydro Management Efficiency

The company has return on total asset (ROA) of 0.1876 % which means that it generated a profit of $0.1876 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3375 %, meaning that it generated $0.3375 on every $100 dollars invested by stockholders. Norsk Hydro's management efficiency ratios could be used to measure how well Norsk Hydro manages its routine affairs as well as how well it operates its assets and liabilities.
Norsk Hydro ASA has accumulated 31.88 B in total debt with debt to equity ratio (D/E) of 0.28, which may suggest the company is not taking enough advantage from borrowing. Norsk Hydro ASA has a current ratio of 1.84, which is within standard range for the sector. Debt can assist Norsk Hydro until it has trouble settling it off, either with new capital or with free cash flow. So, Norsk Hydro's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Norsk Hydro ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Norsk to invest in growth at high rates of return. When we think about Norsk Hydro's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 11 records

PRESIDENT Age

Peter MattConstellium Nv
62
Jennifer HueyKaiser Aluminum
43
Vittorio RossettiConstellium Nv
59
Jeremy LeachConstellium Nv
62
Nicolas BrunConstellium Nv
58
Ingrid JoergConstellium Nv
55
Jack ClarkConstellium Nv
60
Mark KrouseKaiser Aluminum
72
Peter BastenConstellium Nv
48
Paul WartonConstellium Nv
57
Jason WalshKaiser Aluminum
44
Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, remelting, and recycling activities and provision of extruded solutions worldwide. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway. NORSK HYDRO operates under Aluminum classification in the United States and is traded on OTC Exchange. It employs 31000 people. Norsk Hydro ASA [NHYKF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Norsk Hydro ASA Leadership Team

Elected by the shareholders, the Norsk Hydro's board of directors comprises two types of representatives: Norsk Hydro inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Norsk. The board's role is to monitor Norsk Hydro's management team and ensure that shareholders' interests are well served. Norsk Hydro's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Norsk Hydro's outside directors are responsible for providing unbiased perspectives on the board's policies.
Hilde Nordh, Acting Executive Vice President People & HSE, Member of the Corporate Management Board
Arvid Moss, Executive VP of Energy and Corporate Bus. Devel. and Member of Corporate Management Board
Trond Christophersen, Member Devel
Hilde Aasheim, Executive Vice President Metal Markets and Primary Metal, Member of the Management Board
Paul Warton, Exec Board
Therese Holm, Exec Board
AnneLene Midseim, Executive Vice President for CSR, Legal and Compliance, Member of the Management Board
Eivind Kallevik, CFO, Executive VP and Member of The Corporate Management Board
Pal Kildemo, Head of Investor Relations
John Thuestad, Executive Vice President Head of Bauxite & Alumina; Member of the Corporate Management Board

Norsk Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Norsk Hydro a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Norsk OTC Stock

Norsk Hydro financial ratios help investors to determine whether Norsk OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Norsk with respect to the benefits of owning Norsk Hydro security.