SalMar CEO steps down

Yngve Myhre, CEO of SalMar, on Friday notified the board of directors of his decision to resign from the company

effective from 30 June 2014.
The board will immediately start looking for his replacement.

“The board of directors wishes to thank Yngve Myhre for the contribution he has made during a period in which the company has undergone considerable growth and development. Under Mr Myhre's leadership, SalMar has continued to advance and expand its operations. His replacement as CEO will therefore take over an extremely robust company,” said Bjørn Flatgård, SalMar's board chair.

Myhre became CEO in June 2011. Since then, the company has grown both organically and through a series of strategic acquisitions.

After a hectic period, however, Myhre has decided to step down to “give priority to his family.”

In accordance with his employment contract, Myhre will remain at the disposal of the company throughout his period of notice, and will receive six months' severance pay.

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