Grimsby-based Young's Seafood announced former Seachill executive Simon Smith as the company's new CEO following its recent acquisition by CapVest-owned Karro Food Group.

Smith will take over his new role on Oct. 21, replacing CEO Bill Showalter, who is stepping down effective immediately.

Karro Group's CEO Di Walker will step in as temporary CEO of Young's Seafood until Smith joins, the company said.

"Under its new leadership, the company is ideally placed across multiple categories to truly inspire people to love fish and embed its position as the UK's leading seafood company," Smith said.