Mowi changes executive leadership structure
Bergen, Norway-headquartered salmon producer Mowi has appointed Øyvind Oaland as its chief operating officer for its Norwegian farming operations.
Oaland, who has held a variety of executive positions at Mowi during a 20-year career with the company, will vacate the position of chief technology officer to take up the post.
“Øyvind’ s appointment is a significant step towards facilitating increased license utilization and reduced costs in Norway, our most important farming region,” Mowi CEO Ivan Vindheim said. “The new farming structure with separate COOs for Farming Norway, Scotland & Ireland, and Americas and the Faroes strengthens our leadership resources in farming and enables us to adopt an even more hands-on approach than today.”
Assuming the CTO position is the company’s chief sustainability officer, Catarina Martins, with Mowi saying she will occupy both roles moving forward.
“Mowi’s commitment to sustainability and research and development is of utmost importance. Thus, I am delighted that Catarina is willing to also take charge of Mowi’s global R&D team,” Vindheim said. “Catarina is a very competent and dedicated individual, and with this appointment I am sure that our global R&D team is in the best hands.”
Both appointments will be effective from 14 April, 2020, at which time the group management team will consist of: Ivan Vindheim (CEO), Kristian Ellingsen (CFO), Øyvind Oaland (COO Farming Norway), Ben Hadfield (COO Farming Scotland and Ireland), Per-Roar Gjerde (COO Farming Americas and the Faroes), Ola Brattvoll (COO Sales & Marketing), Atle Kvist (COO Feed), Catarina Martins (CTO and CSO), and Anne Lorgen Riise (Chief HR Officer).
Mowi harvested a record 435,904 metric tons (MT) of salmon in 2019, up from 375,000 MT in 2018. Its harvest guidance for 2020 is 450,000 MT. The company achieved operational earnings before interest and taxes (EBIT) of EUR 720.9 million (USD 784.1 million), with a turnover of EUR 4.1 billion (USD 4.5 billion).