Board of Directors and Executive management 2011
Yara’s Board held twelve meetings in 2011. Three of the eight Board members are women. The Board is made up of five shareholder-elected members and three employee-elected members.
The five shareholder-elected members all have extensive line management experience from international industrial companies. Two of the three employee-elected Board members were re-elected in February 2011, and Kristine Haukalid was elected as a new board member.
Yara has decided not to constitute a corporate assembly. Consequently, the Board of Directors is directly responsible to the General Meeting and the shareholders. A Compensation Committee was established in April 2004 and an Audit Committee was established in December 2006.