Nel ASA Appoints Morten Holum as New CEO to Succeed Håkon Volldal

Key Facts

Nel ASA's Board of Directors appointed Morten Holum as the new CEO, succeeding Håkon Volldal. Reuters reported that the appointment is intended to lead the company's next phase of commercial development, with Holum expected to assume his role no later than May 1, 2027.

The leadership transition aims to leverage Holum's seven years of global experience in the hydrogen value chain and regulatory frameworks to drive commercial growth. In the interim period, Nel ASA's current CFO Kjell Christian Bjørnsen will serve as Interim CEO starting November 1, 2026, until Holum officially begins his tenure.