Michael Schwenzer New President of Hydro Automotive Structures

    OSLO, Norway--Aug. 15, 2001--Norsk Hydro has appointed Michael Schwenzer to take over as President of Hydro Automotive Structures from early September.
    Schwenzer (50) is German and has had an extensive career in the automotive supplier industry. He joins Hydro from the position as Managing Director for Valeo Klimasysteme.
    Hydro Automotive Structures is a fast growing division in Hydro's Light Metals Business Area, targeting the automotive industry as its main market. Hydro Automotive Structures has production in Norway, Sweden, France, England, Denmark, Germany and USA with sales last year of NOK 2.5 billion and 2,000 employees.
    Arvid Moss, currently head of Hydro Automotive Structures, has been appointed Senior Vice President, Strategy and Business Development for Light Metals, and will be a member of the Light Metals Business Area Management Group.