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Cermaq Group CEO to resign

Jon HindarCermaq Group, an aquaculture subsidiary of Mitsubishi Corporation, has accepted the resignation of Jon Hindar as the CEO and board member from July 4, 2016.

Mr. Hindar took up the position as CEO of Cermaq in March 2012. He was previously the CEO of Norsun AS, Senior Vice President of Invitrogen Corp., CEO of Dynal Biotech ASA, and Partner and Managing Director of Fondsfinans ASA.

He is on the board of amongst others Norconsult AS, Photocure ASA and Scatec Solar.

Mr. Hindar holds a Master of Science in Chemical Engineering from the Norwegian University of Science and Technology, and has supplementary management education at IMD from Lausanne, Switzerland.

The board has appointed Geir Molvik as new CEO for Cermaq Group.

Mr. Molvik joined the Cermaq group as Managing Director for EWOS Norway in 2006 and was appointed Chief Operating Officer Farming from June 2010, and Chief Operating Officer Norway from November 2013.

Mr. Molvik has broad experience in aquaculture from Hydrotech-gruppen, Hydro Seafood and Noraqua in Norway and from Georgia Sea Farms Ltd. in Canada and Tassal Ltd. in Tasmania, Australia.

He was Senior Vice President in Christiania Bank og Kreditkasse for several years. He holds a MSc. from the University in Tromsø, Norway.


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