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SalMar ASA

Industriveien 51
Kverva 7266
47 72 44 79 00

Sector(s)Consumer Defensive
IndustryFarm Products
Full-time employees1,763

Key executives

NameTitlePayExercisedYear born
Mr. Gustav Magnar WitzoeCo-Founder, Pres & CEO227.22kN/A1953
Ms. Trine Sæther RomuldCOO & CFO415.61kN/A1968
Mr. Frode ArntsenChief Operating Officer of Industry & Sales467.58kN/A1970
Mr. Roger BekkenChief Operating Officer of Farming473.6kN/A1967
Tonette BjørgårdHead of AccountingN/AN/AN/A
Mr. Hakon HusbyHead of Investor RelationsN/AN/AN/A
Mr. Runar SivertsenDirector of Strategic ProjectsN/AN/AN/A
Mr. Karl Christian AagMang. of FreshwaterN/AN/A1959
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. It is involved in the broodfish, lumpfish, and smolt production; and marine-phase farming, harvesting, packaging, processing, and sale of farmed salmon. The company sells its products to importers/exporters, processing companies, and retail chains through in-house sales force and/or through partners. The company was founded in 1991 and is headquartered in Kverva, Norway.

Corporate governance

SalMar ASA’s ISS governance QualityScore as of 26 September 2021 is 9. The pillar scores are Audit: 10; Board: 6; Shareholder rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.