New CEO to lead Morpol ASA

As announced earlier, Mr. Jerzy Malek will resign as CEO of Morpol ASA with effect from 28th February 2013. The Board of Morpol ASA has appointed Mr. John-Paul McGinley, the former COO of the company, as the new CEO, according to Morpol.

Mr. John-Paul McGinley has extensive knowledge of the company and its operations having worked in various positions in the Morpol group since 2007. He also has extensive experience in administrative, operational and commercial roles in listed companies in the salmon sector, firstly in the Netherlands with Nutreco (2001-2004) and later in the Netherlands and Poland with Marine Harvest ASA (2004-2007).

Mr. John-Paul McGinley will take full responsibility as the new CEO from 1st March 2013.

About Morpol

The Morpol Group is engaged in salmon processing as well as sale and distribution of finished salmon products. The Morpol Group's main products are: cold and hot smoked salmon, gravadlax, fresh salmon fillets, frozen salmon portions, organic salmon, wild salmon and salmon specialties. The Morpol Group also has salmon farming activities in Scotland since 2010 and Norway since 2011. The Morpol Group had revenue of approximately EUR 495 million in 2011.

Founded in 1996 in Ustka on the Baltic coast of Poland, the company employs over 3 500 people in eight countries. Morpol Group is the world leader in smoked salmon. The company has achieved its world leading position through the efficiency of processing activities, a constant focus on product quality and service provided to retail and food service customers. Morpol serves customers across Europe, Japan and the United States