Norway Royal Salmon CFO Ola Loe resigns

Norway Royal Salmon’s (NRS) Chief Financial Officer Ola Loe has stepped down from his position after 13 years at the company. His move comes shortly after former acting CEO Klaus Hatlebrekke resigned.

Bjorn Kleven, the company’s Group Accounting Manager, will take over as interim CFO. Loe will remain available for the board and the management team of NRS during the transition period.

“Ola has done a solid job for NRS and he has played an important role in the development of the company since he took the position as CFO in 2009. I would like to thank Ola for his commitment and wish him the best of luck in the future,” Charles Høstlund, interim CEO of NRS, said.

“NRS has had a fantastic development from 2009. From an annual harvest volume of 6,000 tonnes when I started to now have an annual production capacity of about 85,000 tonnes. It has been a pleasure to work with the team in NRS and I will miss the employees and the challenging work tasks,” Ola Loe said.

Loe’s dismissal comes five days after IntraFish reported that Klaus Hatlebrekke had resigned from NRS.

Hatlebrekke had led the opposition to SalMar’s takeover bid by working for a major share issue in NRS. After SalMar secured enough acceptance for a majority shareholding in NRS’s parent company NTS, Hatlebrekke and his colleague Loe have chosen to resign from their positions.

Ola Loe and Klaus Hatlebrekke
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