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Sven Ombudstvedt

Sven Ombudstvedt

Member of the Board of Directors of PJSC PhosAgro, Chairman of the Strategy Committee, Chairman of the Risk Management Committee, independent director

Sven Ombudstvedt was chairman of the board of directors of PJSC PhosAgro (May 2011 – May 2019).

Since 2019 until now Sven Ombudstvedt has been the CEO of Norske Skog ASA. In 2017 Sven Ombudstvedt was а special advisor at Norske Skogindustries ASA. He joined the company from SAS, where he was senior vice president (SVP) SCD (2008 - 2009). Prior to that, he served as SFO and head of strategy at Yara International ASA (2006-2008). Earlier in his career, he spent several years with Norsk Hydro ASA, and held such positions as SVP upstream operations (2003 - 2006), SVP corporate strategy (2002 - 2003) and SVP commercial policy and industrial restructuring at Hydro Agri, among others.

Ombudstvedt holds a bachelor’s degree in business administration from Pacific Lutheran University and a master’s degree in international management from the Thunderbird School of Global Management, both in the United States.

Whereas Board membership of Sven Ombudsvedt exceeded 9 years in 2020, the Board of Directors resolved to recognize him as an independent director, despite the presence of the formal criteria of his association with the Company.

Declaration by Ombudstvedt S acknowledged as independent
Extract from the Minutes of the Meeting of the Board of Directors of PJSC PhosAgro, wNo., dd. 20 March 2020

Extract from the Minutes of the Meeting of the Board of Directors of PJSC PhosAgro, wNo., dd. 28 August 2020