Estonian food processing giant PR Foods changed the management board of its two subsidiaries, Finnish seafood importer Trio Trading and Finnish seafood processor Heimon Kala.

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Trio Trading will continue with two management board members Indrek Kasela and Jarkko Alho as of Sept. 3.

The current CEO of Heimon Kala will step down on Oct. 31 and be replaced by Jarkko Alho, who now becomes a member of the board of PR Foods' subsidiaries Vettel OU, Trio Trading and Heimon Kala.

Alho has experience leading several Finnish seafood companies with his most recent role as development manager at Apetit Ruoka.

The new CEO will not have any shares in PR Foods.

The group recently posted disappointing quarter four results after lower sales from its Estonian factory to Finland as well as a drop in its fresh fish trading in the country.