Norwegian closed-containment salmon farming specialist AkvaFuture named former Sparebank 1 analyst Thomas Myrholt as acting CEO only a few months after hiring him as CFO, according to his LinkedIn profile.

Myrholt has covered seafood and real estate for Sparebank 1 over the past two years. He replaces Trond Otto Johnsen, who has been CEO for the last two years.

AkvaFuture operates farms at three locations in the Norwegian regions of Vevelstad and Bronnoy. AkvaFuture also has an Icelandic subsidiary working on developing that country's salmon farming industry as well.

In 2018, AkvaFuture unveiled plans to double production across three different locations in Northern Norway to reach 6,000 metric tons this year.

Technology used by AkvaFuture is a completely contained salmon sea cage developed by parent AkvaDesign for the full prevention of sea lice.