June 23, 2020


Cermaq expands management team, appoints new CFO


Cermaq has appointed Ole Martin Grimsrud as its new CFO, the Norway-based salmon producer announced earlier this month.

Cermaq also appointed Erlend Reiten as chief transformation officer. The changes go into effect on September 1.

Grimsrud is previously CFO at Aker Solutions where he has had various leader positions since 2012. He holds a Master's degree in Industrial Economics from Norwegian University of Science and Technology (NTNU).

"Aquaculture is an attractive and growing industry being essential to our future. I look forward to joining a world leading company as Cermaq and contribute to Cermaq's development and successes," said Grimsrud.

Reiten is currently acting CFO at Cermaq. Prior to joining Cermaq in 2016, he spent five years at the Boston Consulting Group. Reiten holds a Master's degree in Economics from The University of Oxford.

- Cermaq

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