CEO of Cermaq ASA

CEO of Cermaq ASA

ID: 55537

(Thomson Reuters ONE) -


(Oslo 2011.06.14) The CEO of Cermaq ASA, Mr. Geir Isaksen, has today accepted
the position as CEO of NSB Group, Norway's largest transport group. Accordingly
Mr. Isaksen will leave his position as CEO of Cermaq ASA.


The Board of Cermaq will immediately initiate the recruitment of a new CEO. Mr.
Geir Isaksen will continue as CEO of Cermaq until 30 September 2011.

Mr. Geir Isaksen has been CEO of Cermaq ASA (previously named Statkorn Holding
AS) since 1996. Chair of the Board, Mr. Bård Mikkelsen states:

* The Board regrets the resignation of Mr. Gir Isaksen, but understands his
decision and expresses its gratitude to Mr. Geir Isaksen for his determined
and dedicated efforts as CEO over a period of 15 years.  Mr. Isaksen has
been responsible for the restructuring of the company's operations from
grain trading to aquaculture, and the strategic development of Cermaq into a
leading global company within farming of salmon and trout and production of
fish feed. Under his leadership, Cermaq has grown to a throughout solid
company, with a strong financial position, good performance and operations
in all regions, and a competent organization.


CEO Geir Isaksen states:

* It has been a privilege to take part in building Cermaq to a leading global
player in the aquaculture industry. I choose to leave Cermaq at a point in
time when the operations and the organization are sound at all levels, and
the results are good. It is now time to pass on the responsibility to other
good forces that can further build the company based on this fundament.
Thus, I am excited to take on new challenges in the NSB Group.




Further information - please contact:
Geir Isaksen, CEO,             phone: + 47 23 68 50 10, mobile: + 47 91 34 82 81




Bård Mikkelsen,Chair of the Board, mobile: +47 911 85 825

About Cermaq
Cermaq is an international group of companies with activities in fish farming,
production of salmonid feed and research in aquaculture. Cermaq has operations
in Norway, Chile, Canada and Scotland, the main geographic regions for salmon
and trout farming. Through its business unit EWOS, Cermaq ranks as the world's
second largest producer of feed for salmonids. The business unit Mainstream is
one of the world's leading farming companies of salmon and trout. The group had
sales of around NOK 10 billion in 2010. Cermaq is listed on the Oslo stock
exchange with ticker code CEQ.www.cermaq.com






This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Cermaq ASA via Thomson Reuters ONE

[HUG#1523176]


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Bereitgestellt von Benutzer: hugin
Datum: 14.06.2011 - 12:02 Uhr
Sprache: Deutsch
News-ID 55537
Anzahl Zeichen: 3489

contact information:
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Oslo



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