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As CEO he has the overall responsibility for Hydro’s operations in more than 40 countries with nearly 33,000 employees. Hydro is a leading producer of oil and gas, the world’s third-largest aluminium supplier and a leader in the development of renewable energy sources.
Prior to joining Hydro in September 1986, he was State Secretary in the Ministry of Finance and later served as Minister of Fisheries in the Norwegian government for several years.
He began his Hydro career as a Manager in Hydro’s Agri division (now Yara International), and became President in Hydro’s Energy division in 1988.
In the period 1989-1990 he returned to politics and joined the Norwegian Cabinet, were he served as Minister for Petroleum and Energy and spearheaded the liberalization of the Norwegian energy market.
He returned to Hydro in 1991, first as Director for Special projects and later as President for the Refining & Marketing Division. Four years later he became President of Hydro Aluminium, Metal Products. In 1999 he was appointed Executive Vice-President with an overall responsibility for Hydro’s aluminium business and a member of The Corporate Management Board.
He has been a Member of the Board of the Central Bank of Norway, Chairman of the Board of the Norwegian Postal Service, Telenor and the International Primary Aluminium Institute; he is also a member of the European Roundtable for Industrialists.
Born in a coastal city in Norway in 1953, Reiten holds an economics degree from the University of Oslo. He is married and has two children. | 