Iceland farmer appoints new finance chief
The Icelandic salmon farmer Kaldvik, which issued a profit alert a few days ago, has announced the appointment of an interim chief financial officer.
Kaldvik said in an Oslo Stock Exchange announcement last night that it was “very pleased” to report that Hjalti Hvítklett has accepted the position, effective from 1 February.
A Kaldvik fish farm.
It follows the resignation in December of the current CFO, 39-year-old Robert Róbertsson, who is joining the rival Icelandic fish farm company Arnarlax.
Róbertsson will remain with the company until the end of February to assist with the transition.
The Kaldvik statement said Mr Hvítklett is an experienced business professional with extensive experience from similar positions as CFO and finance director of, among other businesses, Nordic Aqua Partners, the Norwegian company that has built a land-based fish farm in China, and the Faroese fish company Pelagos. He left Nordic Aqua Partners in 2024.
Róbertsson hails from the Faroe Islands and holds a Master of Science degree in Business Administration and auditing.
A few days ago, Kaldvik, which operates in the east fjords region of the country, said in a financial update on the Oslo Stock Exchange, that following the Q3 2025 (July to September) presentation, multiple factors have negatively affected the outlook for the company in the first quarter of this year.
The statement added that as a result, the company may be at risk of breaching one or more of its financial covenants in its senior bank debt facility, in Q1 2026, or at a later stage in 2026.
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