Trond Håkon Schaug-Pettersen is now full-time CEO at Salmon Evolution.
Trond Håkon Schaug-Pettersen is now full-time CEO at Salmon Evolution.

Salmon Evolution’s interim CEO is given the job full-time

Company “has a unique platform to shape and lead the development of land-based salmon farming” says Schaug-Pettersen

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Norwegian on-land fish farmer Salmon Evolution has appointed Trond Håkon Schaug-Pettersen as chief executive.

Schaug-Pettersen was appointed chief financial officer (CFO) of Salmon Evolution in October 2020 and has since October 2022 also held the position as interim CEO following Håkon Andre Berg’s decision to leave the role for personal reasons.

Company chairman Tore Tønseth said the board was pleased to have an internal candidate take over the helm.

“Trond Håkon has long experience from and deep understanding of the salmon industry, he knows the company from the inside and out, he is a great representative for Salmon Evolution’s unique corporate culture, and he enjoys strong support within the company and amongst key stakeholders,” added Tønseth.

“Furthermore, with the company now ramping up its activity level both in Norway and abroad, the appointment of Trond Håkon secures continuity during this important phase.”

Hybrid system

Schaug-Pettersen said he was excited and honoured to take on the position of CEO after a milestone 2022 for Salmon Evolution which was rounded off by successfully harvesting its first batch of fish.

The company uses a hybrid combination of water recirculation and sea water flow-through which reduces complexity and removes the need for biofilters.

It plans to produce 31,500 gutted weight tonnes of salmon annually at its site on Indre Harøy in Norway when the facility is fully developed. It also plans a similar-sized facility in North America and is building a 16,800 gwt-per-year facility in South Korea in a joint venture with Dongwon Industries.

“More than ever, I am confident that Salmon Evolution has a unique platform to shape and lead the development of land-based salmon farming, both in Norway and abroad,” said Schaug-Pettersen.

Salmon Evolution has also appointed Trond Vadset Veibust, 37, as new CFO.

Veibust comes from furniture producer Ekornes where he has been for eight years, most recently as senior vice president for the company’s global operations. Veibust has previously also spent four years at Ernst & Young as an auditor, and is a state authorised public accountant.