Young’s Seafood Limited has confirmed Bill Showalter will be the U.K.-based company’s ongoing chief executive, following an international search process.
Showalter took on the role of interim chief executive in addition to his roles as CEO/CFO of Young’s Seafood International Holdings in July 2016. His roles within the parent company and the operating company will be consolidated together into one role under a streamlined corporate structure.
The executive has worked in the seafood, food and consumer-facing industries for 29 years. He joined Young’s in 2013 and was appointed CEO of Young’s Seafood International Holdings in January 2016. Since then, he has played a key role in driving the company’s Strategic Plan, with a strong focus on cost management, relationships with retailer customers, strengthening the brand, diversification, international business development, exports and foodservice.
He led the company’s proactive response to the challenging raw material inflation and foreign exchange dynamics following the United Kingdom’s vote to leave the EU. This strategy and the strength of the brand have resulted in the company retaining its industry leading market share position.
“Young’s Seafood is the number one fish and seafood business in the U.K. and I look forward to continuing our work to strengthen the brand and the business. We are making significant progress executing our Strategic Plan in challenging market conditions, and will continue to be dynamic and proactive in our response to change. Young’s has a broad portfolio as a multi-channel, multi-customer, multi-temperature and multi-category company, offering branded and retailer own-label seafood across the retail and foodservice sectors. Our focus continues to be on inspiring people to love fish now and for generations to come, and on providing great quality and value to our customers and consumers,” said Showalter.
