Cermaq ends six-month search, names CEO

There’s a new man at the helm of Cermaq ASA.

On Friday, the Norwegian farmed salmon company’s board appointed Jon Hindar as its CEO, about six months after long-time CEO Geir Isaksen announced that he was stepping down to become CEO of NSB Group.

Hindar, 55, has a diverse background with experience in the international chemical, biotech and finance industries. He is currently CEO of Norsun AS, a solar-energy technology company. His previous positions include senior VP of Invitrogen Corp., CEO of Dynal Biotech ASA, and partner and managing director of Fondsfinans ASA. Hindar is also on the board of a number of companies, including Photocure ASA and Handicare ASA.

Hindar holds a masters of ccience in chemical engineering from the Norwegian University of Science and Technology and has supplementary management education at IMD from Lausanne, Switzerland. He is a Norwegian citizen living in Oslo, Norway.

“The board of directors of Cermaq is very pleased to welcome Jon Hindar as the new CEO of the company. He has broad management and industry competence both from operations and finance and is well qualified to lead and develop the company going forward,” said Cermaq Chairman Bård Mikkelsen.

“I am excited to take up this position as I strongly believe in the future of the aquaculture industry,” added Hindar. “Cermaq has demonstrated solid operational and financial results and a strong sustainability commitment. I look forward to being a part of this competent organisation and to contribute to the future development of Cermaq.”

It has not yet been determined when Hindar will join Cermaq.

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