North American frozen seafood manufacturer High Liner Foods recently promoted its Chief Financial Officer Paul Jewer to the position of CEO. Jewer has been acting as the interim CEO since September 2023. He has had a significant impact on the organization and has more than 20 years’ experience in the food industry. Robert Pace, chair of High Liner Foods’ board of directors, expressed his confidence in Jewer’s leadership and the management team. The company has already started its search for a new CFO to replace Jewer, with immediate effect.
Jewer expressed his excitement about the work ahead and emphasized the company’s strategy and its team in place to build upon the solid foundation.
The former CEO, Rod Hepponstall, resigned from his role in August and has since taken on the same c-suite position at C.H. Guenther & Son in the US. High Liner produces a range of frozen breaded and seasoned seafood products for retail across North America, with its brands including High Liner, Sea Cuisine, and Catch of the Day. The company also supplies foodservice within the continent.
In its latest financial results, High Liner saw a decrease in sales and gross profit compared to the same period last year. The company attributed the decrease to changes in the sales mix, pricing, and higher carrying costs associated with higher inventory. Despite the challenges, the company remains confident and is looking forward to addressing its growth agenda.
