Saturday, September 27, 2014

Taking issue with Yara Chairman – HegnarOnline

Taking issue with Yara Chairman – HegnarOnline

Richard Brandtzaeg said to DN that merger negotiations with CF Industries is the main reason why he is not Yara’s new CEO.

When Brandtzaeg was presented as the new manager on July 21, cheered Yara employees. Yesterday was the celebration of its corporate headquarters, according to the newspaper.

Civil Engineer Brandtzaeg doctorate in studies of aluminum rarely use expletives. But faced with DN wonder he that Yara could run a fusion process while a new CEO was entering. It is a violation of natural principles in business, says Hydro boss.

– Particular attention should be such that a CEO who sits on the negotiations should take ownership of the negotiations and provide it as the result. Here it is so large sums out walking the importance of both ownership and responsibility to deliver. For me it has been a principle no matter what level you are located on. The sitting and dealer should also have ownership. Such is the principle of Hydro. There is also a natural principle in business, says Brandtzaeg to DN.

Brandtzaeg told the newspaper that the whole process has been a principle demanding situation.

– Could this happened Hydro asks DN.

– Not according to our procedures. Not after our respects to lead on.

Yara Chairman Leif Teksum rejects blank to the newspaper that Yara should waited merger negotiations to Brandtzaeg was in place.

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