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2016-05-11

SalMar ASA: SalMar - Leif Inge Nordhammer steps down - Trond Williksen appointed new CEO

The Board of Directors of SalMar ASA has appointed Trond Williksen new CEO. Williksen replaces Leif Inge Nordhammer, who, after serving as CEO during two periods that comprise a total of more than 17 years, has asked to be relieved of his duties. Williksen joins SalMar from AKVA Group, where he has served as CEO since 2011, and has long experience from the fisheries and aquaculture sectors.
With nearly 30 years of experience from different positions in the fisheries and aquaculture industries, Trond Williksen (52) most recently led the listed company AKVA Group ASA through a period of strong growth. Before this, Williksen held different management positions in the Aker Group's fisheries section, and worked as a KPMG consultant to the fisheries industries. Williksen started his career in the Norwegian Fishermen's Association, before joining first the aquaculture company Midt-Norsk Havbruk, and then Norske Fiskeoppdretteres Forening (currently Norwegian Seafood Federation). Trond Williksen is a university college graduate of Fisheries Economics from Bodø, Norway, and holds an MBA from the University of Washington.

"In Trond Williksen, SalMar ASA has secured the service of a new CEO with long experience and a strong position in the fisheries and aquaculture industries. At the same time, I would like to express my sincere thanks to Leif Inge Nordhammer for his performance at the helm of SalMar, where he has contributed greatly to the company's development over the past few years. With the appointment of Trond Williksen, we intend to continue the company's positive trend going forward", said Bjørn Flatgård, Chairman of the Board of SalMar.

Trond Williksen will take up the position as CEO of SalMar from 1 January 2017. Leif Inge Nordhammer will continue as CEO until further notice, and has agreed to take on assignments for the company thereafter.

Leif Inge Nordhammer first headed up SalMar from 1996 to 2011 - a period characterized by strong growth and good financial and operational results. After two and a half years, Nordhammer returned to the position as CEO in January 2014.

"After nearly 18 years in SalMar, I have decided it is time to move on. When I returned to the company in 2014, I had clear ideas about how to take the company further. Much of that process has now been completed and the time is right to leave the helm to a new captain, who can ensure that SalMar continues its positive trend, and help the industry evolve further", said Leif Inge Nordhammer.

For further information, contact:
Bjørn Flatgård, Chairman of the Board of SalMar ASA, + 47 901 49 803

Website: www.salmar.no

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SalMar ASA via Globenewswire

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