November 6, 2019

Salmon Evolution appoints new CFO

Salmon Evolution has appointed Håkon Andrè Berg as the Norwegian salmon producer's chief financial officer, the company announced on November 5.

Berg brings to this position solid experience from the capital market as well as management and boardroom work in the financial and industrial sectors, and helps to complete the organisation's capacity and expertise in its present phase.

Backed by boardroom experience from a number of companies within ocean-based industries in western Norway, Berg has worked with financial and strategic consultancy, directorships, internationalisation and transactions through his own business and in other companies.

He was previously a partner and one of the founders of Broodstock Capital. In addition, he also acquired experience from private equity, mergers and acquisitions and the capital market from positions in companies like Argentum and Midvestor Management.

"We're very pleased that Berg has agreed to join us in our further progress," said Odd Tore Finnøy, CEO of Salmon Evolution. "He is an experienced executive with strong economic and financial experience and understanding."

He said the new CFO will play a key role in meeting the company's future needs for capitalisation and building relations with long-term financial partners and investors.

"Much still has to fall into place in constructing Norway's first-ever full-scale grow-out fish farm of this size in terms of biological and technological aspects, a circular economy and commercialisation," Salmon Evolution said.

"So it's reassuring to report that we have recruited Berg," Finnøy said. "He has substantial industrial and financial experience and expertise after many years of working in various companies, and solid management experience with strategy and business development."

- Salmon Evolution\