Leadership change at Fishglobe Technologies.
Tor Magne Madsen has been appointed as the new CEO of Fishglobe Technologies, effective 1 June 2025.
Madsen succeeds Tor Hellestøl, who has led the aquaculture technology company since its founding. Hellestøl will remain with the company for a transitional period in a new role.
Madsen joined Fishglobe in 2020 as its third employee and has since served as Deputy CEO, with responsibility for international operations. He brings leadership experience from the oil and gas sector.
Fishglobe Technologies specialises in closed-containment systems for marine aquaculture based on proprietary technology. The company completed a merger with ICON Systems and reported both domestic and international breakthroughs in 2024. A new strategic plan is now in place.
Fishglobe’s majority owner Valinor thanked Hellestøl for his contribution over the past seven years and expressed confidence in the company’s continued growth under Madsen’s leadership.