Mowi CEO steps down

editorial staff

Ivan Vindheim appointed CEO of Mowi. Vindheim succeeds Alf-Helge Aarskog who has decided to step down after almost 10 years as CEO. New CFO also appointed.

In a press release from the Oslo Stock Exchange, the salmon farmer writes the appointment is effective as of today, ie 12 November 2019.

“I am delighted that Ivan has taken on this challenge. 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,” Chairman of the Board Ole-Eirik Lerøy said.

Jølstringen Ivan Vindheim, Former CFO now CEO from today. Photo: Eivind Senneset, Bergen Nutrition Council

Vindheim has been Mowi’s CFO since 2012. He has extensive experience from the seafood industry and has held various executive positions including being the CFO of Lerøy Seafood. Vindheim holds an MSc in Business and an MBA from the Norwegian School of Economics, and he is also a State Authorized Public Accountant and Certified European Financial Analyst.

Alf-Helge has been a great leader
“I am honoured to be given the opportunity to lead Mowi together with more than 14,500 highly competent colleagues. It is with humbleness I take on this task. 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 organization I look forward to continuing to make Mowi a stronger company and execute on our strategy. Alf-Helge has been a great leader and colleague over the years and I would also like to take the opportunity to thank him for making such a valuable contribution,” said Ivan Vindheim.

Alf-Helge Aarskog has been CEO of Mowi since 19 July 2010 and has been instrumental in positioning Mowi as the world’s leading seafood company. Some of the key achievements during his leadership have been the creation of Mowi’s own fish feed operations, significant growth in value-added processing, substantial farming volume growth and most recently the launch of the company’s branding strategy.

Excellent hire
“I am very pleased that Ivan takes over the helm and I would like to congratulate the Board on making an excellent hire. 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. I would like to thank all of my colleagues over the years for your passion and inspiration, and I wish you the best of luck in continuing to “Lead the Blue Revolution”,” said Aarskog.

“Alf-Helge has transformed Mowi to a leading product-driven seafood company, with industry-leading positions in Genetics, Feed, Farming, Sales and Consumer Products. The strategic choices made over the years have turned Mowi into a strong company with a focus on developing the salmon category. Aarskog is a true salmon farmer, and he has spread enthusiasm and passion for salmon throughout our global organisation,” Lerøy added.

Kristian Ellingsen is Mowi’s new CFO. PHOTO: Linkedin

Kristian Ellingsen, Group Accounting Director, has been appointed new CFO of Mowi. Ellingsen has been in his current role at Mowi for 4 years. Prior to joining Mowi he was a Director in PwC, where he worked for almost 10 years. Ellingsen holds a Master’s degree from the Norwegian School of Economics and a Bachelor’s degree in informatics from the University of Bergen. He is also a State Authorized Public Accountant.

“I am very pleased with Kristian taking over as the CFO of Mowi. Kristian is very talented and has deep knowledge of the company and the organization. This secures momentum from day one as well as continuity,” said Vindheim.


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