Salmon Evolution, a Norway-based company planning the largest land-based aquaculture facility in Europe, announced it has completed its organization with the hiring of Håkon Andrè Berg as chief financial officer.
Prior to his appointment at Salmon Evolution, Berg was a partner and one of the founders of Broodstock Capital, a seafood investor focusing on small and medium sized companies. More recently, he has worked with financial and strategic consultancies, directorships, and internationalization, in addition to experience on a number of boards for ocean-based industries in Western Norway.
“We’re very pleased that Berg has agreed to join us in our further progress,” Salmon Evolution CEO Odd Tore Finnøy said in a press release. “He is an experienced executive with strong economic and financial experience and understanding.”
The CFO, Finnøy said, will play a role in meeting the company’s future capitalization needs, in addition to building relationships with financial partners and investors. The company still has a lot of finishing touches on its land-based aquaculture system, Finnøy added.
“So it’s reassuring to report that we have recruited Berg,” Finnøy said. “He has substantial industrial and financial experience and expertise after many years of working in various industrial companies, and solid management experience with strategy and business development.”
Salmon Evolution is planning a land-based aquaculture facility using flow-through aquaculture in Indre Harøy, on a former quarry the company purchased in 2019. Projections by the company estimate the facility will be able to produce 30,000 metric tons of Atlantic salmon annually.
Photo courtesy of Salmon Evolution