High Liner Foods Announces New CFO
LUNENBURG, NS, Jan. 28, 2014 /CNW/ - High Liner Foods Incorporated (TSX: HLF) ("High Liner" or "the Company") announced today that Mr. Paul Jewer will replace Mr. Kelly Nelson as CFO of High Liner Foods. Mr. Nelson will retire from the Company following its annual general meeting this May and will work with Mr. Jewer until that time to ensure a smooth transition.
Mr. Jewer was most recently CFO with Sobeys Inc., a leading Canadian grocery and food distributor, where he was responsible for all financial functions of the company, including reporting, planning, treasury, tax and investor relations. He is a Fellow Chartered Accountant (FCA) and began his career with Ernst & Young LLP providing audit, tax, valuation and business advisory services for a variety of clients in various business sectors. Prior to joining Sobeys Inc. in 2003, he held a number of progressively senior finance positions in the technology sector. In May 2008, Mr. Jewer was recognized as a recipient of Canada's Top 40 Under 40™ award, which annually honours 40 Canadians under the age of 40 for vision, leadership, innovation, achievement and community involvement.
"On behalf of the Board, I would like to extend our thanks to Kelly for over 30 years of outstanding service to High Liner Foods", said David Hennigar, Chairman of High Liner's Board of Directors. "The Company was fortunate to have benefited from Kelly's financial expertise and dedication, which have contributed greatly to its growth and success. We want to congratulate Kelly on his outstanding career with High Liner and wish him all the best in his retirement."
"I am pleased to welcome Paul to the Company and confident that with his credentials and experience, our shareholders will continue to receive the same high level of financial management and reporting they have come to expect from High Liner," remarked Henry Demone, CEO.
About High Liner Foods Incorporated
High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Our retail branded products are sold throughout the United States Canada and Mexico under the High Liner, Fisher Boy, Mirabel and Sea Cuisine labels, and are available in most grocery and club stores. We also sell branded products under the High Liner, Icelandic Seafood, FPI, Viking, Mirabel, Samband of Iceland and American Pride Seafoods labels to restaurants and institutions, and we are the major supplier of private label value-added frozen seafood products to North American food retailers and food service distributors.
This document contains forward-looking statements. Forward-looking statements can generally be identified by the use of the conditional tense, the word "will" or the negative of these terms or variations of them or words and expressions of similar nature. By their nature, forward-looking statements involve uncertainties and risks that the events will not occur. 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. 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 IncorporatedFor further information:
Heather Keeler-Hurshman, CA
Director, Investor Relations
High Liner Foods Incorporated
Tel: (902) 421-7100