Aquaculture for all
Introducing our enterprise memberships: Is your organisation looking for full access to all our features at a discounted rate? Just get in touch here.

Grieg CEO set to leave

Atlantic Salmon People +2 more

Grieg Seafood has announced that Andreas Kvame is stepping down as CEO after 10 years in the role.

A salmon farm.
Grieg plan to concentrate on their core farming areas, in Norway

Nina Willumsen Grieg, regional director of Grieg Seafood Rogaland, has been appointed interim CEO, with Kvame supporting the CEO transition process. In line with good corporate governance, Per Grieg Jr. will be replaced as chair by Paal Espen Johnsen.

In February, the company decided to focus on its core Norwegian operations in Rogaland and Finnmark – streamlining its portfolio in a bid to return to profitability.

Nina Willumsen Grieg has worked in Grieg Seafood for 10 years in various executive, strategic and operational roles. During her four years of managing Rogaland, the region has shown strong results both financially and biologically.

Paal Espen Johnsen said in a statement: “Andreas Kvame has led Grieg Seafood for a decade. During his time as CEO, he has set the agenda for and executed the successful post-smolt strategy. He has played an instrumental role in developing Grieg Seafood into an international fish farming company with integrated operations. The strategic direction for the company remains firm. The work is ongoing, and I am confident that the measures will yield results. On behalf of the board, I would like to thank Andreas for his contributions over the years.”

Kvame added: “It has been a true privilege to lead Grieg Seafood for more than 10 years, and I want to thank all of my colleagues for their efforts. A main priority has been the development of post-smolt production, which I strongly believe will play an important part in the future of the entire salmon farming industry. Currently it is a challenging time for Grieg Seafood. As a result of the financial transformation program initiated, the company has been stabilised financially and is positioned to take the measures needed for operational improvements. I wish my successor the best of luck and believe Grieg Seafood has a bright future ahead.”