Tore Valderhaug has been appointed new CFO at Norwegian vaccine manufacturer Pharmaq, replacing Laurits Valderhaug.

He took up his position on Aug. 25, after announcing his departure from Norwegian salmon farmer Cermaq in February this year, where he was CFO from 2009.

Valderhaug is a Norwegian state authorized public accountant and worked at one of the major auditing companies for a number of years before he began his career as CFO almost 20 years ago.

"After 10 years as an independent company, Pharmaq is now enjoying continued rapid development and has major ambitions", Morten Norstad, managing director at Pharmaq, said.

"The