LUNENBURG, NS, Sept. 15,
2023 /CNW/ - High Liner Foods Incorporated (TSX: HLF)
("High Liner Foods" or the "Company") announced today
that the Board of Directors has appointed Paul Jewer to serve as the Company's Interim
Chief Executive Officer to lead the Company while the Board of
Directors completes a comprehensive internal and external search
for a President and Chief Executive Officer. Mr. Jewer has
served as the Company's Chief Financial Officer since February 2014, and will continue to oversee this
function. He has more than 20 years' experience in food
companies and is a Fellow Chartered Professional Accountant
(FCPA).
"Paul's extensive experience and proven track record of
leadership with High Liner Foods will provide stability and
continuity for the organization as we continue to work through the
transition process,'" commented Robert
Pace, Chair of the Board of Directors. "The Board of
Directors determined that it was in the best interests of the
Company to put in place interim executive management that can serve
as long as needed, and we are fully confident in Paul's ability to
lead the organization during this important chapter in the
Company's history."
"I am humbled and honoured to serve as the Interim Chief
Executive Officer of this incredible organization," said Paul Jewer
Interim CEO High Liner Foods. "I look forward, in this interim
period, to working with our great leadership group to build upon
the solid foundation and momentum we have in place."
This appointment follows the previously announced resignation of
Rod Hepponstall as President and
Chief Executive Officer of the Company, which was to be effective
on or before January 2, 2024. As a
result of this appointment, Mr. Hepponstall has left the Company as
of today.
About High Liner Foods Incorporated
High Liner Foods Incorporated is a leading North American
processor and marketer of value-added frozen seafood. High Liner
Foods' retail branded products are sold throughout the United States and Canada under the High Liner,
Fisher Boy, Mirabel, Sea Cuisine,
and Catch of the Day labels, and are available in
most grocery and club stores. The Company also sells branded
products to restaurants and institutions under the High
Liner, Mirabel, Icelandic
Seafood and FPI labels and is a major
supplier of private label value-added seafood products to North
American food retailers and foodservice distributors. High Liner
Foods is a publicly traded Canadian company, trading under the
symbol HLF on the Toronto Stock Exchange.
For further information about the Company, please visit our
website at www.highlinerfoods.com or send an e-mail to
investor@highlinerfoods.com.
Forward Looking Information
This document contains forward-looking statements.
Forward-looking statements can generally be identified by the use
of the conditional tense, the words "may", "should", "estimate",
"will", "believe", "plan", "expect", "goal", "remain" or
"continue", or the negative of these terms or variations of them or
words and expressions of similar nature. Specific forward-looking
statements in this document include, but are not limited to
expectations with respect to the timing of the search for a
permanent President and Chief Executive Officer.
By their nature, forward-looking statements involve
uncertainties and risks that could cause actual results or events
to differ materially from current expectations. Readers are
cautioned not to place undue reliance on forward-looking
statements, as actual results may differ materially from those
expressed in such forward-looking statements. We include in
publicly available documents filed from time to time with
securities commissions and The Toronto Stock Exchange, a discussion
of the risk factors that can cause anticipated outcomes to differ
from actual outcomes. Except as required under applicable
securities legislation, we do not undertake to update
forward-looking statements, whether written or oral, that may be
made from time to time by us or on our behalf, whether as a result
of new information, future events or otherwise.
SOURCE High Liner Foods Incorporated
