The Scottish Salmon Company (SSC) has announced that Craig Anderson will step down from his position as CEO to be replaced by Odd Eliasen.
The news follows the impending merger with Bakkafrost and was jointly agreed by the two companies. Earlier this year, the Faroese salmon farming company Bakkafrost signed an agreement for the acquisition of a majority stake (68.6%) of SSC from private equity firm Northern Link.
Anderson’s successor Eliasen is the existing managing director of Havsbrún, which is part of the Bakkafrost Group, and he will assume the role as CEO of SSC with immediate effect.
According to SSC, following the integration into Bakkafrost, the company will be better placed to pursue further growth opportunities by leveraging its position in the Scottish salmon sector and its established brands.
Craig Anderson, former CEO of SSC, said: “Following the completion of the acquisition of SSC, Bakkafrost will take leadership of the company to deliver the growth vision of the enlarged group.
“I am proud of the entire SSC team and the success that we collectively achieved. It has been a pleasure being the driving force in ensuring that throughout the world, the value of Scottish provenance continues to be recognised”.
Eliasen has been active in restructuring fish farming in the Faroes and has held various positions on the board in the industry.
Odd Eliasen, newly appointed CEO of SSC, said: “Craig’s reputation within SSC and the industry is one of a strong leader with a firm commitment to the company’s stakeholders.
“I look forward to building on his legacy and maintaining the growth momentum of the company. My near-term objective will be to ensure a smooth integration of the business so the combined company can deliver the strategic synergies that underpinned the rationale for the acquisition.”
© FoodBev Media Ltd 2019