Long-standing Atlantic Sapphire CFO resigns; Cermaq exec to take over

Editorial Staff

Appointment of new CFO is effective July 1, 2024.

Land-based salmon farmer Atlantic Sapphire has announced the resignation of Karl Øystein Øyehaug from his position as CFO.

Gunnar Aasbo-Skinderhaug has been appointed as the new CFO of Atlantic Sapphire, following his tenure as Director of Cermaq Norway Salmon, according to a stock exchange notification from the company.

Bringing more than 15 years of experience in the seafood industry and salmon farming, Aasbo-Skinderhaug has played pivotal roles in operational executive positions within Cermaq’s Norwegian entity and has contributed to operational improvements in both Norwegian and Chilean branches.

With a decade of experience as a CFO, including a stint at the formerly Oslo Stock Exchange-listed Aker Seafoods, Aasbo-Skinderhaug also boasts extensive knowledge in land-based farming and RAS production.

“I am proud to get this opportunity at Atlantic Sapphire. The demand for salmon is strong while the industry’s supply cannot keep up. The future of salmon farming includes significant production volumes from land-based farms, and Atlantic Sapphire has a long experience and a unique position to serve the greatest salmon market in the world with premium salmon,” said Aasbo-Skinderhaug.

Karl Øystein Øyehaug will continue in his role as CFO until Aasbo-Skinderhaug relocates to Florida, which is expected during Q3 2024. Øyehaug will also assist in the Company for a period thereafter to ensure a smooth transition. Additionally, Atlantic Sapphire’s Board of Directors has reported that the search for a new CEO is advancing well, with expectations to conclude by Q2 2024.

Kenneth J Andersen, Chairman of the Board of Atlantic Sapphire, expressed his confidence in Aasbo-Skinderhaug’s capabilities, “We welcome Gunnar Aasbo-Skinderhaug to our leadership team and are confident that Gunnar, with his broad background, will significantly contribute to the company´s journey towards profitability and growth over the years to come.”

The Board also expressed gratitude towards Karl Øystein Øyehaug for his six years of service as CFO, acknowledging his significant contributions to the company’s development and financial strategies. “We’re sorry to see him leave but understand his priorities and wish him all the best in the future,” Andersen added.


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