The board of directors in NEL ASA has appointed Jon André Løkke as chief executive officer (CEO) and Lars Christian Stugaard as chief financial officer (CFO) in NEL from 4 January 2016. Jon André Løkke comes from the position as CEO of Norsk Titanium AS. He has ten years' experience from the REC Group.

Lars Christian Stugaard, acting CEO of NEL, has been appointed CFO from the same date. Lars Christian has served as interim CEO in a very important and successful period of the NEL story. He has played an important role in the development of the company through building a listed entity and through value creating acquisitions like NEL Hydrogen and the H2 Logic.