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Aker Seafoods Appoints Marine Harvest Acting CEO


NORWAY - Thomas Farstad has been appointed as the new president and CEO of Aker Seafoods ASA, and the board has resolved to continue developing the seafood group through two independent businesses.

Mr Farstad is currently acting CEO and Director of Group Operations for Canada, Scotland & Others, for Marine Harvest.

Mr Farstad has been working with Marine Harvest since 2003. He has been part of the management team of the former Fjord Seafood (now integrated in the group) and Marine Harvest. During his career with the company, he has been vital in turning around Fjord Seafood and has successfully managed improvement programs in several operating units, including Fjord Seafood Norway and Marine Harvest's operations in Canada, Scotland and Ireland.

“We’re very satisfied with the appointment Mr Farstad as chief executive,” says Aker Seafoods chair Frank O Reite. “He has detailed knowledge of the seafood industry and leadership experience from listed companies. These are important qualifications for the job of improving our profitability.”

"We are grateful for Mr Farstad's important contributions to Marine Harvest during these years", says Marine Harvest Chairman Ole-Eirik Lerøy. "He has delivered strong results and a willingness to take on increased responsibility and challenges. We wish him the best of luck when he takes up his new position in Aker Seafoods ASA".

Mr Farstad will continue as Acting CEO of Marine Harvest ASA until July 19th when the new CEO, Alf-Helge Aarskog takes up his position. Mr. Aarskog was appointed CEO on 30th of March 2009, and joins Marine Harvest from the position as CEO at Lerøy Seafood Group.