Nordic Aquafarms names new CFO

Published on
February 26, 2019

Nordic Aquafarms Inc., the U.S. subsidiary of Nordic Aquafarms, announced on 22 February that it has named Brenda Chandler to the position of chief financial officer for the company. 

Chandler was previously responsible for the global corporate real estate program at ON Semiconductor in South Portland, Maine, U.S.A.. She will be the CFO for the U.S. branch of the company.

“We are very pleased that Brenda has chosen to join the company as we are proceeding with our plans in the U.S.,” Nordic Aquafarms President Erik Heim said. “I also want to thank Thomas A. Brigham, who has been assisting us as acting CFO in the start-up and transition phases.”

Nordic Aquafarms Inc. is currently working through the permitting phase for a USD 500 million (EUR 439.5 million) land-based salmon recirculating aquaculture system facility in Belfast, Maine. A recent newsletter from the company indicates that some of the permits for the project have been taken over by Maine’s Board of Environmental Protection, rather than the Department of Environmental Protection. 

The board, separate from the DEP, is a citizen board with members appointed by the governor of Maine that has independent decision-making authority on projects of statewide significance. 

“With the BEP now taking jurisdiction over our project, our Maine Pollutant Discharge Elimination System (MEPDES) application, as well as two other major permit applications, Natural Resource Protection Act (NRPA) and Site Location of Development Act (SLODA), will all be consolidated into one comprehensive review, which should result in a more efficient and timely evaluation of our project,” stated Nordic Aquafarms in a release. 

The company also recently announced a second, USD 400 million (EUR 351 million) RAS project in Humboldt County, California. 

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