Norwegian seafood business Mowi has announced that its chief financial officer (CFO) Ivan Vindheim is to become its new CEO.
Vindheim succeeds Alf-Helge Aarskog who has decided to step down after nearly ten years in the CEO role.
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The appointment is effective immediately.
Vindheim has been CFO at Mowi – formerly known as Marine Harvest – since 2012. He will be replaced in the CFO role by group accounting director Kristian Ellingsen.
Vindheim is a seafood industry veteran, having previously been the CFO of Lerøy Seafood.
Ole-Eirik Lerøy, chairman of Mowi’s board, said: “We have had a thorough recruitment process where the board has been looking for the best candidate to lead Mowi going forward. Ivan has a strong commercial track-record and has the best qualifications for delivering on our corporate strategy. He also represents continuity.”
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By GlobalDataVindheim said: “Mowi is the leading global aquaculture company and we have many opportunities ahead of us. The board’s strategy for Mowi of being a leading integrated seafood provider remains unchanged, and together with the rest of the organisation I look forward to continuing to make Mowi a stronger company and execute on our strategy.”
Departing CEO Aarskog said: “The recruitment of an internal candidate also ensures continuity and should reassure everyone associated with the company that the business is in the most capable hands.”
New CFO Ellingsen has been group accounting director at Mowi for four years.
