Chilean salmon producer Australis Seafoods has named former Multi X boss Andres Lyon as its new CEO.

Lyon, who stepped down as CEO of Multi X in 2020 to become director and vice president of the company's salmon producing division, will replace Australis's Ricardo Misraji.

During Misraji's 11-year tenure, the company opened its Trapananda Seafarms subsidiary in Miami, began operations in Chile's Magallanes region, acquired salmon processor Torres del Paine, and built the Dumestre plant in Puerto Natales.

Misraji will stay on through June to help Lyon with the transition.

Agri-Joyvio, a subsidiary of Joyvio Group, in turn a subsidiary of massive Chinese conglomerate Legend Holdings, acquired Australis under a $921.6 million (€875.6 million) deal in 2019.