Prior to his appointment, Kramer was executive vice president in charge of business development and strategy.

"We are focusing more closely on Aker BioMarine`s core activities -- harvesting krill and processing this unique natural resource into high-value, bioactive products for human health and wellbeing markets and niche products for the aquaculture industry," said new CEO Kjell Inge Rokke. "Operational efficiency will also be sharpened by our management changes."