Aquaculture industry experts Trine Danielsen and Renate Larsen to join Board of
Directors of Norwegian cod-farming venture as it prepares to migrate from the
Euronext Growth market to the main list of the Oslo Stock Exchange.
Current board chairman Marit Solberg, together with board members Boe Spurre and
Tore Tønseth, will not be standing for re-election at Norcod's ordinary general
meeting this week.
"It has been fantastic to participate in the rebuilding of the farmed cod
industry and be witness to the success Norcod has achieved so far. The company
is in an excellent position, and I am happy to pass on responsibility to the new
board. I am confident that Trine and Renate can contribute greatly to Norcod's
further development," said Solberg.
Stepping up as new chairman is Jan Severin Sølbek, who is majority owner of
Norcod and has been involved in the company as an investor since 2019.
Trine Danielsen is currently Chief Commercial Officer of aquaculture industry
organisation Blueplanet Academy AS and has vast experience of fish farming
around the world and related policymaking. She earlier served as state secretary
in Norway's Ministry of Trade, Industry and Fisheries, and from 2011 to 2015 was
mayor of Hjelmeland Municipality, one of the largest aquaculture communities in
Rogaland County.
"Aquaculture is the only sustainable means of increasing seafood supply to meet
the food needs of the world's growing population. Responsible cod farming will
be a big part of that story and I am very proud to be joining the board of a
company committed to the highest sustainability standards. I look forward to
working alongside the tremendous team they have built up, both in leadership and
skilled technicians on the ground," said Danielsen.
Larsen has been CEO of the Norwegian Seafood Council for the past six years and
also comes armed with deep knowledge of the seafood industry, including as CFO
and subsequently Managing Director of salmon producer Lerøy Aurora AS. She has
extensive board experience from both state and private companies.
"I am thrilled to be joining the Norcod board and will do all I can to support
the company during the next stages of its development. They have come a long way
already and the future looks very bright, in terms of premium biomass,
value-chain partnerships and strong demand for a first-class product," she said.
"We are extremely pleased that Renate and Trine accepted the invitation to join
our board. Their outstanding experience and insight from fish farming and the
Norwegian seafood industry will be invaluable for our further growth. It's a
real feather in our cap to have them on board," said Norcod CEO Christian Riber.
Norcod has finalized its first full production cycle and is set to begin
harvesting its second cycle in the third quarter of this year. It will also be
putting its third cycle of cod into the sea phase this summer.
About Norcod
Norcod AS' core business is commercial sea farming of cod but through ownership
and partnerships is involved in the entire value chain. Norcod's existing fish
farms are located in Mid- and North Norway with ideal sea conditions for cod.
The company is contributing to blue ocean value creation with minimal impact on
the environment while supporting local communities. Norcod is listed on Oslo's
Euronext Growth market.
For more information contact:
Christian Riber
CEO, Norcod
+47 905 37 990
cr@norcod.no