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Yara Appoints New Head of Upstream Segment


Oslo: Gerd Löbbert is appointed head of Yara Upstream, effective 1 December 2012.

Dr. Löbbert, a German national with a PhD in Chemistry, brings extensive experience from leading positions at BASF and Borealis.

“It is a great pleasure to welcome Gerd Löbbert to Yara as the new Head of the Upstream segment. I also take the opportunity to thank Jan Duerloo for his excellent contribution during recent months as Head of Upstream”, says Jřrgen Ole Haslestad, CEO and President of Yara International ASA.

Gerd Löbbert will be member of Yara’s Executive Management Team and report to Jřrgen Ole Haslestad. Jan Duerloo will assume the role of Head of Production working closely with Dr. Löbbert.

The Upstream segment manages Yara’s global production of ammonia, finished fertilizer and industrial products, which are marketed by the Yara Downstream and Yara Industrial segments.

Yara delivers solutions for sustainable agriculture and the environment. Our fertilizers and crop nutrition programs help produce the food required for the growing world population. Our industrial products and solutions reduce emissions, improve air quality and support safe and efficient operations. Founded in Norway in 1905, Yara has a worldwide presence with sales to 150 countries. Safety is always our top priority.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.


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