Salmon producer Mowi ASA has announced Ole-Eirik Lerøy has decided to step down as Chairman of the Board following a 15-year tenure with the company. Ørjan Svanevik has been proposed as successor to Lerøy.
“It has been an honour to serve Mowi during the era of becoming the world’s largest supplier of farm raised salmon. Today, Mowi is a fully integrated global seafood company, bringing salmon of supreme quality to consumers around the world, and is perfectly positioned to continue the growth journey towards the newly announced 2029 ambitions. The company is stronger than ever, the outlook sound, and the timing right, to pass the relay baton. I look forward to seeing it grow and develop in the future,” Lerøy said.
Lerøy joined the company in 2009/2010. The company has since developed into a world-leading seafood company with farming operations in Norway, Scotland, Ireland, Faroes, Iceland, Canada and Chile. With headquarters in Bergen, Norway, Mowi today employs 11,500 people in 26 countries worldwide.
“Ole-Eirik is a true industry veteran and has been instrumental into developing the strong Mowi organisation. We highly appreciate his contributions over the past 15 years, which will serve as a strong platform for the future value creation,” said John Fredriksen, representative of Mowi’s largest shareholder.
The nomination committee will propose that an Extraordinary General Meeting (EGM) elects Svanevik as Chairman of the Board.
Svanevik holds the position as investment director of Seatankers. He has broad operational experience, including serving as CEO of Arendals Fossekompani, Head of M&A at Aker and Chief Operating Officer of Kværner, in addition to holding chair- and board positions in listed companies including Mowi, Volue, Seadrill and Archer.
He is also a board member of, among others, Axactor, Western Bulk and Paratus Energy.
