Scottish Salmon Co appoints board members

The Scottish Salmon Company Ltd (SSC) has appointed three new non-executive directors to its board, Robert M Brown III, Merete Myhrstad and Viacheslav Lavrentyev.

Brown has over 35 years experience in corporate business and finance. He is currently chairman and CEO of B-III Capital LLC, a merchant banking firm engaged in private equity fundraising, corporate finance advisory and merger and acquisition transactions.


He is also director of Tau Capital PLC, an AIM-listed general partner of the Kazakhstan Investment Fund and chairman of Quorum Fund, a private fund investing in listed Russian shares.


Myhrstad has extensive experience from the Norwegian stock market and financial reporting, from previous positions as head of section of the Financial Reporting Supervision of the Financial Supervisory Authority of Norway and various positions within Oslo Stock Exchange, including head of listings and corporate transactions. She is currently a partner of UNIConsult AS.


Lavrentyev has more than 15 years of experience in finance and investment banking. He is currently head of corporate finance advisory with FMC Advisors Ltd, Russia, and played an integral role in the successful placement of Rambler Media on the London Stock Exchange.


He has significant experience in the salmon farming industry and played a key role in establishing Russia's largest salmon aquaculture company, the Russian Salmon Company, sitting on the Board from 2007 to 2009.


Jim Mullins, SSC chairman, said: "The expanded board will be well positioned to capitalise on the business opportunities currently available and raise the international profile of the company. These are exciting times for the SSC team and we are committed to maximising value for our shareholders.”

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