Elkem ASA has appointed Dag Teigland as its new Chief Executive Officer, marking a leadership transition at the industrial materials company after 17 years under CEO Helge Aasen.

 

Teigland will assume the role on 3 August 2026, while Aasen will step down as CEO and become chairman of the board.

 

Teigland brings more than 20 years of industrial and investment experience to the role. He currently serves as executive chairman of Tekna Holding ASA, a global provider of advanced, high-performance metal powders for industrial applications.

 

His career spans senior executive positions across industry and investment, including CEO roles at Tinfos AS and Holta Invest AS, where he built and led an active industrial investment platform. Teigland also returns to familiar ground, having held several leadership positions at Elkem between 1998 and 2002, most recently as managing director of the company's business area chrome.

 

“The Board is pleased to appoint Dag Teigland as CEO of Elkem. He brings deep industrial expertise and a proven track record of driving development and transformation. With his background spanning both international industrial operations and investment environments, Dag is well suited to lead Elkem into its next phase of growth and development,” said Marianne E. Johnsen, interim chair of the board of Elkem.

 

Johnsen also paid tribute to Aasen's leadership over nearly two decades at the helm.

 

“At the same time, the Board would like to thank Helge Aasen for his strong leadership and significant contribution to Elkem over many years,” Johnsen added. 

 

“During his tenure, Elkem has strengthened its strategic position, expanded its global footprint and developed world-leading positions in silicon, ferrosilicon, foundry alloys and carbon solutions. 

 

"Helge has also led Elkem through major portfolio and financing measures, including the divestment of the Silicones division. We are very pleased that he will continue to contribute to the company’s development as chairperson of the board.”

 

Teigland said returning to Elkem was both an honour and an opportunity to build on the company's industrial legacy.

 

"It is a great honour to return to Elkem and take on the role of chief executive officer,” said Dag Teigland. 

 

“Elkem is a company with a strong industrial heritage and a leading position within its respective segments. I look forward to working with the Board, the Elkem leadership team and colleagues worldwide to build on this foundation, accelerate sustainable growth, advance safety and innovation, and ensure that Elkem continues to supply the strategic materials needed for a cleaner, smarter and more resilient future.”

 

Reflecting on his tenure, Aasen said he was proud of the company's progress and optimistic about its future under new leadership.

 

"It has been a privilege to lead Elkem as CEO over the past 17 years,” said CEO Helge Aasen. 

 

"I am proud of what the organisation has accomplished during this period and confident that the company is well positioned for long-term, sustainable value creation. I look forward to continuing to support Elkem in my new role as chairperson of the board and to work closely with Dag in the transition.”