Ole Martin Grimsgrud is appointed CFO in Cermaq
Image credit: Cermaq

Mr Ole Martin Grimsrud is appointed new CFO, and Mr Erlend Reiten will take up a new position as Chief Transformation Officer (CTO). The changes apply from 1st September.

Ole Martin Grimsrud has been appointed as new Chief Financial Officer (CFO) and takes up the position from 1st September. He comes from the position as CFO in Aker Solutions where he has had various leader positions since 2012. Ole Martin Grimsrud holds a Master's degree in Industrial Economics from Norwegian University of Science and Technology (NTNU) and has also experience from Elkem and Norske Skog.

'Aquaculture is an attractive and growing industry being essential to our future. I look forward to joining a world leading company as Cermaq and contribute to Cermaq's development and successes,' said Ole Martin Grimsrud.

'Ole Martin Grimsrud brings valuable competence to Cermaq, and I am very happy to have him on board. I am confident that we will have a very strong and dedicated team to achieve our ambitions,' said Geir Molvik.

Erlend Reiten, will from 1st September take up a new position in the executive team, as Chief Transformation Officer (CTO). Mr Reiten is acting CFO in Cermaq today and comes from the role as Head of Strategy. Prior to joining Cermaq in 2016 he spent five years at The Boston Consulting Group. Mr Reiten holds a Master's degree in Economics from The University of Oxford.

'We want to be at the forefront when it comes to operational standards and application of new technology. The CTO will hold responsibility for establishing and developing best practice sharing and the ability to continuously improve across the company. Erlend have during his time in Cermaq worked closely with the executive team and I'm confident that his experience and motivation will be a key driver towards reaching our strategic ambitions,' said Geir Molvik.

Visit the Cermaq website, HERE.

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