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The Kingfish Company appoints new CFO
August 19, 2022 By Nestor Arellano
The Kingfish Company RAS facility (Image from: The Kingfish Company) 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.
Jean-Charles Valette
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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