Norcod — Board/Management Information 2022

Nov 4, 2022

Norcod expands management team, Kia Zadegan appointed new COO, new CFO to be named

Trondheim, Norway-based Norcod expands its management team. CFO Kia Zadegan has been appointed COO with immediate effect but remains CFO until the right candidate for this position has been found.

"Norcod is still on a significant growth path with a lot of exciting projects taking place at the moment and also ahead of us. That is why we need to expand the management team as our ambitions remains very high," CEO Christian Riber explains.

"Kia has been at Norcod for 18 months and has done a tremendous job. However, much of the work he has done has been within areas you normally connect to the COO position, and therefore it is natural to both Kia and us that he will take up this position instead. It suits him just perfect and not least the company," Christian Riber elaborates.

"Kia will stay in the role as CFO and the work related to the position until we have found his successor. This process is already taking place and we will communicate the news as soon as possible after we have found the right profile for the job."

Kia Zadegan comments on his appointment:

"The last year and a half as Norcod CFO have been tremendous and one of the most fulfilling of my career. Clearly, I am thrilled about my new appointment as COO at Norcod, a company spearheading into a totally new business area within the seafood industry. We are producing a healthy product of the highest quality in a sustainable and commercially viable manner. The future looks positive, and I am certainly looking forward to the challenge. Our target now is to reach customers across the globe in the coming years with our premium quality product."

Norcod is listed on the Euronext Growth/Oslo Stock Exchange.