Clean Seas Tuna appoints new chairman

Clean Seas Tuna has announced the appointment of John Ellice-Flint to the role of non-executive chairman of the company.

Ellice-Flint was until last year the chief executive officer and managing director of oil and gas giant Santos Limited. He was also chairman of the South Australian Museum since 2002.

Ellice-Flint will replace Clean Seas founder Hagen Stehr as chairman from December 1, subject to shareholder approval for the company's A$42 million (US$38.1 million) capital raising.

Stehr will remain on the Clean Seas board as a non-executive Director.

Ellice-Flint said Clean Seas' anticipated commercialisation of propagated Southern Bluefin Tuna this summer represents a potential solution to declining wild stocks and the next major development phase for the Australian SBT industry.