New Zealand fishing giant Sanford has appointed a new chief financial officer, Paul Alston, former CEO of Cavalier Corporation, a NZD 247 million ($173.2 million/€147.9 million) turnover group specialized in the manufacture of wool carpets.

Alston replaces outgoing CFO Katherine Turner who ends her tenure on Sept. 30.

"[Alston] is a highly experienced listed company executive who will bring great capability and leadership to Sanford," said Sanford CEO Peter Reidie. His background includes CEO and CFO roles at Cavalier Corporation and Turners and Growers, two significant New Zealand businesses.”