Elkem ASA announced that Frederic Jacquin has been appointed as the company's SVP Strategy & Business Development and Asbjørn Søvik has been appointed as the company's SVP Green Ventures & Digital. Mr. Jacquin will continue to head up the company's Silicones division until the replacement process has been concluded, expected by end of June 2022. Frederic Jacquin will start in his role as Senior Vice President for Strategy & Business Development from 1 March 2022.

In this role, he will be responsible for corporate strategy and business development, including mergers and acquisitions (M&A) and new growth projects supporting all of Elkem's business divisions. Asbjørn Søvik has been appointed Senior Vice President for Green Ventures & Digital from 1 March 2022. In this new role, Asbjørn will assume responsibility for Elkem's work within battery materials, biocarbon and digitalisation.

This includes the responsibility for Vianode, the subsidiary and brand created by Elkem to pursue strategic growth opportunities for advanced battery materials. Mr. Frederic Jacquin has been the Senior Vice President of Silicones at Elkem since 2015. He has previously worked for 11 years in Elkem Silicones International.

He held the position as Vice President of Marketing and Sales before he was appointed head of Elkem Silicones in early 2015. Mr. Asbjørn Søvik has been the Senior Vice President of Business Development at Elkem since 2018. He has worked in the company since 1995 and was previously the SVP for the Carbon division from 2007 to 2018.