LUNENBURG, NS, Dec. 20,
2023 /CNW/ - High Liner Foods Incorporated (TSX: HLF)
("High Liner Foods" or the "Company") announced today
that following a full search process the Board of Directors has
appointed Paul Jewer to serve as the
Company's President & Chief Executive Officer effective
immediately. He also joins the Company's Board of Directors.
Mr. Jewer has served as the Company's Interim CEO since
September 2023. Previously, Paul
served as Chief Financial Officer of High Liner Foods since
February 2014 and has more than 20
years' experience in food companies and is a Fellow Chartered
Professional Accountant (FCPA).
"We believe that Paul is the right candidate to lead the company
as the organization embarks on its next exciting chapter," said
Robert Pace, Chair of the Board of
Directors. "Over nearly ten years as CFO, Paul has had a
significant impact on the organization and more recently he has
demonstrated the strength of his steady leadership as Interim
CEO. The board and I have full confidence in Paul and the
management team as they lead our ambitious growth agenda."
"I am incredibly honoured by today's appointment and appreciate
the confidence that the Board of Directors has placed in me," said
Mr. Jewer. "We have some exciting work ahead of us and I know that
we have the right strategy and people in place to build upon the
solid foundation that has been built for nearly 125 years. I look
forward to continuing to work with the High Liner team as we
deliver on our purpose, Reimaging Seafood to Nourish Life, creating
value for all of our stakeholders," he added.
The Company will immediately commence a search for Mr. Jewer's
replacement as CFO.
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 Chief Financial 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