Norway: Yara resumes search for new CEO

Svein Richard Brandtzæg has notified the Board of Yara International ASA that he will not assume the position as CEO of the company.

"The Board regrets Brandtzæg's decision, but must accept the situation," says Leif Teksum, Chairman of the Yara Board of Directors.

"Jørgen Ole Haslestad continues as CEO until further notice. Yara's Board will now re-start the process of identifying Haslestad's succesor as CEO," says Teksum.

For more information:
Yara
Thor Giæver, Investor Relations
Cellular (+47) 48 07 53 56
E-mail thor.giaver@yara.com

Esben Tuman, Corporate Communications
Cellular (+47) 90 50 84 00
E-mail esben.tuman@yara.com
www.yara.com

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