Sapa has appointed Egil Hogna as the company's new president and CEO, replacing Svein Tore Holsether on 1 September.

"I am very excited about the opportunity to lead Sapa," said Hogna. "As the leading player in its industry, with 23,500 employees in over 40 countries, Sapa is well positioned to deliver aluminium solutions meeting customer’s demands all over the world – today and tomorrow."

For the last six years, Egil Hogna has led the downstream operations at Yara International. He has previously served in a variety of management positions in Yara and Hydro, including CFO and head of Investor Relations.

Hogna has a Master of Science degree from the Norwegian university of science and technology, NTNU, in Trondheim and an MBA from INSEAD.

"Both owners are very pleased that Egil Hogna will lead Sapa into the next phase. With the integration in place and synergy realization well ahead of plan, Hogna will, with his broad international industrial experience, continue Sapa’s development as the most innovative and customer oriented aluminium solutions company in the world,” says Svein Richard Brandtzæg, chairman of the board.

Sapa is a 50/50 joint venture owned equally by Orkla ASA and Norsk Hydro ASA.

Sapa says it is the world leader in aluminium solutions, shaping a lighter future through a global reach and local presence within extrusions, building systems, and precision tubing.

The company has 23,500 employees in more than 40 countries, and is headquartered in Oslo, Norway.