Oslo-listed Grieg Seafood hired new C-suite executives effective immediately as part of its 2020-2025 strategy focusing on global growth, cost leadership and value-chain repositioning, the company announced to its shareholders Monday.

Grieg will split its farming operations into three divisions comprising Farming Europe, which covers Finnmark, Rogaland and Shetland; Farming North America, which covers operations in British Columbia and Newfoundland; and the Technology Division, which is focused on sustainability, research and development (R&D), as well as fish health and welfare.