Seafarms Group announcement of new CEO

Seafarms Group Limited (ASX: $SFG) has announced the appointment of Peter Fraser as the new Chief Executive Officer, marking a significant development for the company. Peter Fraser, previously the Project Sea Dragon Commercial Director, will assume the role of CEO starting from 25th March 2024. The announcement reflects the company's commitment to advancing its leadership and driving the realization of Project Sea Dragon.

Seafarms Group Chairman and Retiring CEO's Comments

Despite the challenges encountered, Seafarms Group remains focused and fully committed to the future of the business. The appointment of Peter Fraser as CEO marks a new phase in the realization of Seafarms' Project Sea Dragon. Peter's international aquaculture expertise and experience in establishing market relationships are expected to play a pivotal role in the company's growth. Retiring CEO, Rod Dyer, expressed gratitude to the board and his team, emphasizing the viability of Project Sea Dragon and the significance of appointing a new CEO with Peter's credentials.

Seafarms Group's Future Outlook

Seafarms Group's appointment of Peter Fraser as CEO signifies a strategic move towards advancing the development of Project Sea Dragon and strengthening the company's position in the international aquaculture market. The company acknowledges the contribution of retiring CEO Rod Dyer and looks forward to leveraging Peter's seafood industry knowledge to drive the business forward. With a focus on sustainable aquaculture, Seafarms Group aims to capitalize on Peter Fraser's expertise to realize the full potential of Project Sea Dragon and further establish itself as a successful international aquaculture company.