There have been some big changes going on at Iceland Seafood International, or ISI. They are the leading exporter of seafood from Iceland, and their products go to all parts of the world. Recently ISI announced a new CEO. Bjarni Armannsson has stepped into that role and started out right away shaking things up.
One of the biggest changes going on at ISI is that some long-time members of the board will be stepping down. Those members are Benedikt Svenisson and Mark Holyoake. Both have been with the company for decades and have served in many roles.
Mark Holyoake is a British businessman and has been the largest shareholder of the company for many years. Mark was born in 1972 and attended the University of Reading. In the 1990s, he ventured into the real estate business. He is still active in that sector today and has many large purchases under his belt. This also includes the home he currently lives in.
During his real estate ventures, Mark Holyoake has mainly focused his purchases to those in the United Kingdom. He spent the majority of his time buying, working to develop and manage both residential and commercial properties. Some of these were then sold off for a profit.
Even though both Mark Holyoake and Benedikt Svenisson will no longer be part of Iceland Seafood International, both left with positive messages. These farewell messages were directed both to each other and to the company as a whole.
With the vacancies that Iceland Seafood International currently has, there will be a shareholders meeting in early February. At that meeting, nominees for these openings will be announced. A chairman for the board will also be nominated. With the hiring of the new CEO, Bjarni Armannsson, ISI is moving in a new direction. Only time will tell how these moves pay off, but the right people can solidify these changes.
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