Arctic Fish names new CEO

He is Daniel Jakobsson and comes from within the company. For the past four years he has been Arctic Fish’s Chief Business Development Officer. He takes over from Thursday this week.

The company’s current CEO, Mr Stein Ove Tveiten, who announced his intention to step down last year, will continue as an advisor until June 1st to ensure a smooth and seamless transition.

Øyvind Oaland, Chairman of the Board, said: “He brings deep insight into the company’s operations and strategic direction, along with the leadership qualities and industry expertise needed to guide Arctic Fish into its next phase of growth and success. We are very pleased to announce Daníel’s appointment.”

He added: “Icelandic salmon farming is still in an early phase, and our continued success depends on operational excellence rooted in strong animal welfare, environmental responsibility, sound financials, and the safety and wellbeing of our dedicated employees. Daníel has extensive knowledge of all aspects of our business and will be based in Ísafjörður.”

Daniel Jakobsson said: “Arctic Fish is part of a sustainable industry, producing healthy food for a growing global population.

“I’m excited to continue the journey we have started and to further develop a competitive, future-oriented operation.”

Arctic Fish is one of Iceland’s leading salmon farming companies with an attractive and sustainable value chain from smolt to sales.

The production capacity for the company is 29,800 tons MAB (maximum allowed biomass) and includes licences covering 10 farming areas in five different fjords, all located in the Westfjords of Iceland.