Gustav Witzøe resigns as CEO of Salmar

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Gustav Witzøe (68) started with one farming license from a bankruptcy estate and built up one of the world’s largest salmon companies. Salmar, which the Witzøe family still owns most of, is currently worth NOK 76.5 billion on the Oslo Stock Exchange.

It’s not more than two and a half years ago Gustav Witzøe took over as CEO of Salmar and announced billions in investments along the Norwegian coast.

Now he gives up.

Gets Aker Solutions top

In a statement on Tuesday, Salmar announces that Witzøe is resigning as CEO. Linda Litlekalsøy Aase (55), who comes from the position as Executive Vice President and is responsible for the Electrification, maintenance and modifications business area at Aker Solutions, moves in.

She has been a board member in Salmar since June 2020.

– I am humble and have enormous respect for the fantastic job Gustav Witzøe and his 1800 skilled employees do, and I look forward to leading the Salmar team further, says Aase in a message.

Gustav Witzøe says the following:

– I am very proud of what Salmar has become. We are a unique team of skilled employees in all parts of the company. We have important partners among the owners, in the private business sector, in academia and among the authorities who share our ambitions for the Norwegian aquaculture industry. I’m looking forward to the idea of ​​everything we will still create and that Linda has taken on the task as team captain.

Must work with NTS

Witzøe “has said he is willing” to be nominated to the board in Salmar.

According to board chairman Leif Inge Nordhammer, Salmar will continue to use Witzøes’ experience and expertise. Among other things, Witzøe will contribute to the process around the fish farming company NTS, according to Nordhammer.

NTS has been in play for several weeks, where both a group of families from Rørvik and John Fredriksen-dominated Mowi have wanted to buy the company. In the end, however, it was Witzøe’s Salmar who pulled the longest straw. Salmar now controls 50 percent of the shares in NTS.(Terms)Copyright Dagens Næringsliv AS and / or our suppliers. We would like you to share our cases using a link, which leads directly to our pages. Copying or other use of all or part of the content may only take place with written permission or as permitted by law. For additional terms look here.

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