Mowi ASA

MOWI

NO0003054108

Food Processing

Market Closed - Oslo Bors 10:45:00 2026-10-23 EDT			5-day change	1st Jan Change
216.00 ^NOK	+0.09%		+4.85%	-11.18%

10-21	SB1 Markets sees higher salmon prices in 2027, Bakkafrost remains favorite	FW
10-21	Norwegian Salmon Farmers Turn to Lasers and AI to Reduce Fish Mortality - WSJ	FW

Mowi Chairman Steps Down

Published on 03/02/2026 at 01:16 am EST

Finwire - Translated by Marketscreener - See original

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MOWI ASA

+0.09%

Norwegian salmon farming company Mowi loses its chairman Ørjan Svanevik, who is stepping down with immediate effect after ending his employment at Seatankers Management, a company closely associated with Geveran Trading.

Vice Chairman Leif Teksum will assume the role of interim chairman. The board remains quorate and fully operational.

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Latest news about Mowi ASA

10-21	SB1 Markets sees higher salmon prices in 2027, Bakkafrost remains favorite	FW
10-21	Norwegian Salmon Farmers Turn to Lasers and AI to Reduce Fish Mortality - WSJ	FW
10-20	Arctic raises its target price for Mowi to 265 Norwegian kroner (250), reiterates buy	FW
10-20	Goldman Sachs raises its price target for Mowi to 230 Norwegian kroner (220), reiterates neutral	FW
10-19	Pareto Securities raises its price target for Mowi to 220 Norwegian kroner (210), reiterates hold	FW
10-19	European shares slip as France unrest dents sentiment	RE
10-19	Mowi ASA Reports Harvest Volumes for the Third Quarter of 2026	CI
10-19	BNP Paribas raises price target for Mowi to 250 Norwegian kroner (245), reiterates outperform - BN	FW
10-19	European shares slip on French unrest; earnings in focus	RE
10-15	Pareto Securities sees Mowi as fairly valued despite higher volumes	FW
10-15	DNB Carnegie raises its price target for Mowi to 250 Norwegian kroner (246), reiterates buy	FW
10-02	Goldman Sachs sees new profitability era for salmon sector	FW
10-02	Goldman Sachs initiates coverage of Mowi with a neutral rating and a price target of 220 Norwegian kroner - BN	FW
09-30	Fearnley raises target price for Mowi to 240 Norwegian kroner (233), reiterates Buy - BN	FW
09-23	Pareto Securities raises Mowi price target to 210 Norwegian kroner (200), reiterates hold	FW

Ørjan Svanevik

Ørjan Svanevik was the founder of Oavik Capital AS, founded in 2008, where the title held was Managing Director from 2008 to 2014.
Current jobs included Chief Executive Officer at Arendals Fossekompani (Private Equity) since 2019; Chairman at EFD AS, C.W.
Downer AS, Oavik Invest AS, and Prai AS; Director at NorgesGruppen ASA, Seatankers Management Norway AS, and Norgesgruppen Finans Holding AS; Independent Director at Axactor ASA since 2023; and Managing Director at Oavik Capital AS since 2017.
Former jobs include Chief Executive Officer at Arendals Fossekompani ASA from 2019 to 2023; Chief Executive Officer & Director at Western Bulk Chartering AS in 2024; Chairman at Volue Technology AS (Norway), EFD Induction AS, Archer Ltd. from 2015 to 2017, Archer Well Co., Inc., Mowi ASA from 2024 to 2026, Volue ASA from 2019 to 2023, Tekna Holding ASA from 2020 to 2021, and Kleven Verft AS; Director at SPT Group AS, Mowi ASA from 2014 to 2018, Seadrill Ltd. from 2014 to 2017, Bank2 ASA, RigNet, Inc., Mesta AS, North Atlantic Drilling Ltd. from 2015 to 2017, AMSC ASA, Frontline Plc from 2024 to 2026, Sea1 Offshore, Inc., Paratus Energy Services Ltd., Enrx AS; Controller at Schlumberger GmbH; Head-Business Development at Akastor ASA; Partner, Head-Mergers & Acquisitions at Aker ASA from 2005 to 2008; Partner at Cubera Private Equity AS and True North Capital ASA; and Chief Operating Officer & Executive Vice President at Kværner ASA from 2004 to 2005.
Education includes an MBA from Thunderbird School of Global Management and graduate studies at BI Norwegian Business School.

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Company Profile

Mowi ASA specializes in breeding, processing and marketing salmon and trout. Net sales break down by activity as follows: - sale of fish (98.3%). The group is also develops production of fish-based products activity (smoked salmon, fish terrines, rillettes, etc.); - farming and preparation of fish (1.6%): salmon, trout, cod, sturgeon, etc. The activity is carried out primarily in Norway, Scotland, Canada, Chile, Ireland and the Faeroe Islands; - production of fish feed (0.1%). Net sales are distributed geographically as follows: Europe (67.9%), the Americas (20.5%), Asia (9%) and other (2.6%).

Employees

12,749

Sector

Food Processing

Calendar

11-03 Earnings release - Q3 2026

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