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Haslestad appointed new Yara CEO

After a successful period as CEO of Yara International, the company has declared that Thorleif Enger will retire from his position to be replaced by Jørgen Ole Haslestad, who will become the new CEO of Yara effective as of September 2008.

Enger will step down at his desired retirement age of 65 years and Jørgen Ole Haslestad comes in to Yara from Siemens, where he was recently named one of a new group of 15 CEO’s to oversee the conglomerate’s operation.

Haslestad is CEO of the Industry Solutions Division with a turnover of approximately $12bn. During his 14 years at Siemens he held several senior executive positions across Asia, Americas and Europe.

Explaining the appointment, Yara Board Chairman Øivind Lund commented, “The search for a new CEO at Yara has been very thorough over the last year. Thorleif Enger has been clear on his intention to step down at age 65, and we have considered several internal and external candidates to replace Mr. Enger. We are extremely pleased with the choice of Jørgen Ole Haslestad.”

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