Alaskan seafood processing company Silver Bay Seafoods has promoted Cora Campbell to president and CEO from her position as chief external affairs officer.

She will take over from Richard Riggs, Silver Bay's CEO since inception in 2007 and Troy Denkinger, co-founder and president since 2012, with effect immediately.

The two will still be actively engaged with the company in the capacity of managing partners.

Riggs will continue to oversee all sales and related activities, and Denkinger will continue to focus on the overall fishermen experience throughout the organization.