Role: Deputy chair of the Board of Directors since 2024. Independent1) board member since 2022. Current term expires in 2026. Member of the Board Compensation and People Committee
Born: 1967
Nationality: Norwegian
Number of shares in Norsk Hydro ASA: 1 200
Key experience:
Kragseth has been the CEO of Petoro since 2021. From 2018 to 2021 she was the CEO of Vår Energi, a Norwegian oil and gas company created in 2018 through the merger of ENI Norway and PointResources. She then came from the position as Vice President Production in PointResorces. Previously, she has been 25 years in various management positions in ExxonMobil.
Kragseth’s extensive experience from offshore oil and gas operations and projects, includes advanced competence within strategy, risk management, public policy and government affairs, mergers and acquisitions, climate change, and HR & compensation.
Current directorships:
- Board member of Stavanger Sandnes Skøyteklubb
- Chair Election Committee, Offshore Norge
- Deputy board member for ONS (Offshore Northern Seas)
Education:
- M. Eng, Ocean Engineering, Texas A&M University, USA
- Engineer Marine, Høgskulen på Vestlandet, Bergen, Norway
- ExxonMobil Management Program
- INSEAD Management Program
1) See the Board of Directors' report in relation to the Norwegian Code of Practice for Corporate Governance in the latest annual report