Holsether will take over as CEO for Yara from October 1, 2015, at the latest. Until he takes on his new role in Yara, he remains committed to his current role as President and CEO for Sapa.

The process to find a replacement for Holsether has started, and a new President and CEO for Sapa will be announced in due time.

Sapa is a 50/50 joint venture owned by Hydro and Orkla.

For further information, see press releases from Yara and Sapa