New Zealand King Salmon appoints CEO

New Zealand King Salmon has appointed the highly respected businessman Carl Carrington as its new Chief Executive Officer.

The company said he brings a “wealth of executive and governance experience” to the business at a time when the company is resetting its strategic and operational focus following a challenging period.

Carrington (pictured, below) has led a number of significant businesses over the past 30 years, including the McCashins Brewery as general manager and Heineken-Lion Australia, where he was managing director.

He was also CEO of the seafood company Moana New Zealand for six years, during which time he worked closely with Moana’s Iwi (indigenous nation or tribe) owners to transform the business.

More recently he has focused on governance roles, including sitting on the Board of New Zealand Trade and Enterprise, Cawthron Institute, Mt Cook Alpine Salmon and a number of other listed and private businesses, primarily in the food and beverage sectors.

Carl Carrington

He takes up his NZ King Salmon role early next month. Carrington said: “The future is exciting for New Zealand King Salmon as the world recognises the premium value of king salmon and the business looks to expand its operations over the coming years.”

NZ King Salmon recently returned to profit after a “challenging” year, which reduced the size of its salmon farming business after warmer water killed its fish.

The Nelson-based aquaculture company reported a profit of NZ $1.9m (£0.9m) compared with a loss of NZ $73m (£35m) a year earlier.

Because of high summer temperatures the company had to fallow three of its four farms in Pelorus Sound.