Acting CEO of Cermaq

Acting CEO of Cermaq

ID: 56588

(Thomson Reuters ONE) -


Cermaq's Board of Directors has initiated the search for a new CEO of the
company, following the resignation of Geir Isaksen who will take up the position
as CEO of NSB, Norway's largest transport group.

The Board considers it to be unlikely that a new CEO will be appointed before
the end of Geir Isaksen's period of notice. Consequently the Board has appointed
CFO Tore Valderhaug as Acting CEO of Cermaq ASA effective from 25(th) July until
a new CEO is in place. Tore Valderhaug will at the same time maintain his
position as CFO of the company.

Geir Isaksen will be available for the company until end of August 2011, and in
period contribute to a successful transition to the acting CEO. He will take up
his new position as CEO of NSB as of September 1(st) 2011.

Further information - please contact:
Tore Valderhaug, CFO,      phone: + 47 23 68 50 38, mobile: + 47 99 56 09 25

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
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(i) the releases contained herein are protected by copyright and




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originality of the information contained therein.

Source: Cermaq ASA via Thomson Reuters ONE

[HUG#1532452]


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Bereitgestellt von Benutzer: hugin
Datum: 21.07.2011 - 07:30 Uhr
Sprache: Deutsch
News-ID 56588
Anzahl Zeichen: 2366

contact information:
Town:

Oslo



Kategorie:

Business News



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"Acting CEO of Cermaq"
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