Elkem appoints Dag Teigland as CEO; Helge Aasen to chair the board

Key highlights
  • Dag Teigland will become CEO of Elkem effective 3 August 2026.
  • Teigland has over two decades of industrial and investment experience and currently serves as executive chairman of Tekna Holding ASA.
  • He previously held several leadership roles at Elkem between 1998 and 2002, most recently as managing director of the business area chrome.
  • Helge Aasen, CEO since 2009, will step down after 17 years to assume the role of chairman of the board; his tenure included the divestment of the Silicones division and strengthening Elkem’s positions in silicon, ferrosilicon, foundry alloys and carbon solutions.

Appointment

Elkem’s board has appointed Dag Teigland as chief executive officer, effective 3 August 2026. Helge Aasen will step down as CEO and take on the role of chairman of the board.

Incoming CEO

Teigland brings more than two decades of industrial and investment experience. He currently serves as executive chairman of Tekna Holding ASA and has held senior executive roles including CEO of Tinfos AS and Holta Invest AS, where he led an active industrial investment platform.

Prior Elkem experience

Teigland previously worked at Elkem from 1998 to 2002, most recently as managing director of the business area chrome, and described his return as an honour, citing aims to accelerate sustainable growth, safety and innovation.

Outgoing CEO and transition

Helge Aasen has led Elkem since 2009. The board credited him with strengthening the company’s strategic position and global footprint, developing leading positions in silicon, ferrosilicon, foundry alloys and carbon solutions, and executing major portfolio and financing measures including the divestment of the Silicones division. Aasen said he looks forward to supporting the company in his new role and to working with Teigland during the transition.

Source: Elkem

chemXplore Weekly

The week’s project milestones and project news from the chemical industry, free every Wednesday.

Free. One email a week. Unsubscribe any time.

Related articles

10 July 2026
Elkem Q2 2026 results: cost reductions and balance‑sheet strengthening

EBITDA fell on weak silicon prices; raised NOK 1.8bn, refinanced EUR 1bn facility and obtained NOK 750m NIB loan; Elkem Iceland reclassified as discontinued.

13 February 2026
Elkem Q4 2025: Market Challenges Offset by Cost Improvements; Silicones Division Sale

EBITDA fell 24% YoY. Silicones sale to Bluestar boosts focus and flexibility. Safety incident in Lyon. Market uncertainties persist, but strong cost positions aid adaptation.

23 October 2025
Elkem Q3 2025: Strong Operations and Cost Improvements Boost Results

EBITDA fell 33% YoY due to low sales prices. Silicones division under review for sale. EU and US trade measures may impact future performance.

22 September 2026
Elkem awarded 1.3 million extra EU ETS allowances for 2021–2025

Follows Norway's finding that domestic producers were under‑allocated versus EU peers; five plants to receive EU‑aligned allocations for 2026–2030.

28 April 2026
Elkem wins NOK 87m from Enova to scale biocarbon use in silicon production

Project (total NOK242m, 2026–28) will test industrial biocarbon across labs, pilots and five smelters to double biocarbon share (from ~25%) by 2030, potentially cutting up to 0.5 Mt CO2/yr