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Kingfish Company founder joins Pine Island Redfish

The Kingfish Company founder and former CEO, Ohad Maiman, has taken the post of chairman of the board of land-based aquaculture startup Pine Island Redfish.

In making this move to the Florida-based recirculating aquaculture system (RAS) company, Maiman is joining former Kingfish Maine co-manager Megan Sorby. Sorby left the Maine arm of The Kingfish Company in October to establish Pine Island Redfish.

Megan Sorby

Pine Island Redfish will be located on a 150-acre property on its island namesake in southwest Florida.

Maimain stepped down as CEO of The Kingfish Company in November 2022. Although he continued to advise the board of the company, Maimain said he inrtended to “personally look develop and support other disruptive technologies and species in the sector.”

Maiman expressed strong confidence in the new RAS entrant and Sorby in a press release.

“Pine Island Redfish meets the critical trifecta for a strong business case in land based farming: a high value species, with limited local availability, and proven to be viable for RAS farming,” said Maiman. “Having worked closely with Megan Sorby for over three years as she developed Kingfish Maine, I am confident of her exceptional managerial and problem-solving skills, and her ability to build Pine Island Redfish into a successful land-based farming company.”

Maiman founded The Kingfish Company in 2015 and led the company from startup through initial public offering.

During his tenure as The Kingfish Company CEO (2015-2022), Maiman managed multiple expansions in the Netherlands and the development of Kingfish Maine in the US.

Sorby, served as Kingfish Maine’s Operations Manager during Maiman’s tenure as Kingfish CEO.

“Working with the Kingfish Maine team was a valuable experience, and part of that was the opportunity to collaborate with, learn from, and work together with Ohad. His experience and unique perspective on the sector are a perfect match with the development and sustainable mission of Pine Island Redfish,” said Sorby.