The timeline for Canadian seafood giant Cooke's acquisition of Spanish multinational Nueva Pescanova remains unclear following the announcement that Nueva Pescanova CEO Ignacio Gonzalez will step down on June 16 because of "personal reasons."

Gonzalez will leave after more than seven years in the position, the company announced Tuesday.

During his time as CEO, Gonzalez led the much-needed transformation of the company, renewing its fleet, and rejuvenating its brand while continuing to push for further innovation in its aquaculture operations.