Steven Rafferty, the current managing director of Cermaq Chile, has been appointed as the group's new CEO as Geir Molvik announces he is stepping down.
Rafferty will officially take up the reins in March 2022 and will be relocating to Norway. The company said a replacement in Chile will be announced in due course.
Molvik will continue leading the company until Rafferty takes over.
"I have been privileged to work with aquaculture in all parts of the world since the 1980s and have been involved in a lot of exciting activities," said Molvik.