Lübeck, Germany-based processing equipment firm Baader has hired Sigsteinn Gretarsson as the CEO of its subsidiaries Skaginn 3X and Baader Ísland.
Most recently, Gretarsson worked as CEO of Arctic Green Energy Corporation, and previously as chairman of the board of the Iceland promotional board. Prior to those positions, he worked for 19 years at Marel, rising from area sales manager to executive vice president and commercial director, according to his LinkedIn profile.
Baader Fish Managing Director Robert Focke said Gretarsson’s hiring will “further strengthen [the company’s] strategic position in Iceland.”
“Sigsteinn Gretarsson completes our local management team in Iceland,” Focke said. “He has the ideal blend of skills and experience for this role in Baader right now. This is a crucial appointment for us, and I am pleased that we have been able to attract such a high-caliber executive. Together, we will be able to take our leading market position as complete solutions provider for all fish species to the next level and offer even more complex and sophisticated solutions for tomorrow’s challenges of our customers.”
Gretarsson’s management team in Iceland consists of Jón Birgir Gunnarsson as chief sales officer and Guðjón M. Ólafsson as chief financial officer. They will be supported by ISEA Partners CEO Jeffrey Davis, who will continue to serve as chairman of the Skaginn 3X board.
“I am very excited to join the Baader team. Baader has been serving the Icelandic fishing industry for over 60 years and is a market leader in its field, with an excellent track record serving its global customers. The future is bright for fish processing technology in Iceland and beyond,” Gretarsson said.
Baader acquired a majority stake in Skaginn 3X, an Akranes, Iceland-headquartered seafood equipment manufacturer, in October 2020. The deal was finalized in February 2021.
Photo courtesy of Baader
