Thomas Palm wants to try a different industry and company. Photo: Cermaq.

Cermaq finance chief resigns

Global salmon farmer Cermaq has announced the resignation of its chief financial officer, Thomas Palm.

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“Thomas has contributed a lot to the Cermaq we are today,” said chief executive Geir Molvik in a press release.

“Although I would prefer to see him continue here, I understand that he wants to extend his experience to other sectors, and I wish him good luck in the future.”


“It has definitely not been an easy choice, but after many, very exciting years in Cermaq, I want to try myself in a new industry and a new company,” said Palm.

“It has been very motivating to work with so many competent and nice people in Cermaq and I will miss all my good colleagues in all parts of Cermaq and (the salmon farmer’s owner) Mitsubishi.”

Palm joined the Cermaq Group as a senior analyst in 2010, moving on to Cermaq Norway as a business developer in 2013. He was then finance director in Chile for a six-month period. In 2014, he returned to Norway and became CFO of Cermaq Norway. In 2016, he became CFO of the Cermaq Group at the age of just 33.

Cermaq is one of the world’s biggest salmon farmers, with operations in Norway, Chile and Canada.