The Kingfish Company announced it has appointed a new chief financial officer to replace the company’s CFO who has transferred to another land-based aquaculture firm.
The Netherlands-based yellowtail producer said that it appointed on Aug. 17, Jean-Charles Valette, who was formerly senior vice president of finance for French global supply chain company CEVA Logistics.
Valette, will formally replace The Kingfish Company CFO, Christo du Pleiss, on Sept. 1.
Du Pleiss is taking a chief executive officer role at Matorka, a land-based aquaculture company based in Grindavik, Iceland.
Valette also worked as finance and integration manager for Friesland Campina China, a food company based in Shanghai.
Prior to that, he was group controller for Provimi, an animal feed company that has been acquired by Cargill.
The Kingfish Company recently obtained a €75-million bilateral loan which the company will use to finance its build-out in the Netherlands and bring the annual production of the land-based producer of yellowtail to 3,500 tons.
A strong demand in both Europe and the United States for high-value Dutch yellowtail helped The Kingfish Company doubled its sales in 2021 from the previous year.
The company reported sales of €10.4 million last year, up from €5.0 million in 2020.
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