Yara names Helge Lund as Chair
- Helge Lund nominated as Chair effective after the Annual General Meeting on 12 May 2026.
- Martina Merz and Ivar Vatne nominated as new board members; John Thuestad and Tove Feld are not standing for re-election.
- Yara reported record-high production volumes in 2025.
- 2025 revenue was USD 15.7 billion and Yara produces ammonia and other nitrogen-based crop nutrition products.
Board leadership change
The Nomination Committee has nominated Helge Lund as Chair of Yara’s Board; the appointment is expected to take place after the Annual General Meeting on 12 May 2026.
New board nominations
Martina Merz and Ivar Vatne are nominated as new board members; John Thuestad and Tove Feld will not stand for re‑election.
Candidate background
Lund is a former CEO of Equinor, BG Group and Aker Kværner and has chaired BP and Novo Nordisk, bringing governance experience from large, international and energy‑intensive organisations and familiarity with capital markets and geopolitics.
Outgoing chair and recent performance
Trond Berger will step down after eight years on the Board and six years as Chair; during his tenure Yara managed major supply‑chain and geopolitical disruptions and delivered record production volumes in 2025 with revenues of USD 15.7 billion.
Source: Yara