Magnus will establish direction and strategy, ensuring alignment with our business objectives while building a high-performing team focused on performance management and talent development. Additionally, Magnus will support various business areas with forecasts, analysis, and performance data, ensuring the highest quality of our budget processes. "As the CFO of Grieg Seafood, I am confident that Magnus's extensive experience and leadership will drive continued growth and excellence within our organization. His insights and strategic approach will be invaluable as we navigate future opportunities in the seafood industry, states — Atle Harald Sandtorv, CFO of Grieg Seafood.
Magnus's current role is as the Group Chief Investment Officer at Frydenbø Group AS, overseeing capital efficiency, M&A processes, and strategic initiatives across various divisions. Additionally, he served as General Manager for Frydenfalch, a joint venture focused on industrial real estate investment. The portfolios combined were approximately 5 billion NOK in assets under management. Before joining Grieg Seafood ASA, Magnus served as the Interim Chief Financial Officer at Rexir Holding AS. During his time there, he successfully managed the real estate portfolio. He steered asset allocation during a critical strategic phase. Magnus also brings extensive experience as a specialist consultant and external advisor at McKinsey & Company, where he guided financial institutions on internal audit and global-scale risk management.
"I am eager to join the Grieg Seafood team and contribute to shaping one of Norway's most important future industries. I look forward to getting to know and collaborating with the talented team and participating in exciting projects ahead. Grieg Seafood's values resonate strongly with my own, and it is gratifying to join a company that is a leader in sustainable aquaculture." — Magnus Johannesen
We are confident that Magnus's leadership and expertise will significantly benefit Grieg Seafood as we continue to strengthen our financial strategies and pursue growth.
Fotocredit: Trude Brun Wilhelmsen