Salmon Evolution nabs former Hofseth International as CFO

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Trond Håkon Schaug-Pettersen joins land-based flowthrough aquaculture project. 

In a press release, Salmon Evolution writes that it has appointed Trond Håkon Schaug-Pettersen (37) as CFO, a position that has been vacant since previous CFO Håkon André Berg was appointed CEO in June this year.

Salmon Evolution’s new CFO comes from processor Hofseth International and has both seafood and corporate finance experience. He has held the position as Senior Vice President Finance and Business Development in Hofseth since 2016. Prior to joining Hofseth, Schaug-Pettersen worked nine years as a corporate finance professional in First Securities/Swedbank.

Trond Håkon Schaug-Pettersen. PHOTO: Salmon Evolution

Schaug-Pettersen is expected to take up the CFO role in Salmon Evolution on 1 January.

“I am very pleased to include Trond Håkon in the management team of Salmon Evolution”, said CEO Håkon André Berg. “He has a broad background from both the capital markets and the seafood industry, and I am sure that he will add significant value to our company from day one,” he added.

“I am excited to join the Salmon Evolution team and I am looking forward to taking part in the development of a leading global salmon player”, said Schaug-Pettersen.

The major land-based flowthrough aquaculture project wants to produce 36,000 tonnes of salmon annually in Norway. The company is now listed on the Oslo Stock Exchanges’ Merkur Markets and had its first day of trading on the 18th September.