Norwegian fish farm company SalMar has appointed Gustav Witzøe as it chief executive officer, effective 21 October 2019.

From this date the current CEO, Olav Andreas Ervik, will become managing director of the new subsidiary SalMar Ocean and responsible for the company’s ventures in ocean-based fish farming.

SalMar’s initiatives in ocean-based fish farming has to date been organised as a business area within SalMar and headed by Gustav Witzøe. These activities will now be transferred to a subsidiary which Ervik wanted to lead, the company said.

Both Witzøe and Ervik emphasise that this change will ensure continuity in management and that it is a logical consequence of SalMar’s ambition to lead in the development of ocean-based fish farming.

According to the company, the board of directors considers this a good foundation for the continued positive development of SalMar, both within ocean-based and conventional fish farming.