In light of the increased cost submitted to the board on March 19, 2024, Gigante Salmon AS has adopted the resolution to terminate the employment agreement with CEO Helge E. W. Albertsen. Albertsen will continue to serve as an advisor to the company. The board has appointed Kjell Lorentsen as acting CEO from March 19, 2024 and he will at the same time exit the non-executive board.

He was CEO in the company from the start of the company activities until September 2021. Lorentsen is group CEO in Gigante Havbruk AS. The work to recruit a new CEO to the company has been initiated.