Seafarms has appointed two of Australia’s most experienced senior executives in the food industry to its senior management team.
The sustainable aquaculture company has appointed Mick McMahon as Chief Executive Officer and Ian Brannan as Group Chief Finance Officer as part of its strategy to transform Seafarms into a significant multinational business.
The appointments, which commence on 20 September 2021, occur during a time of critical growth for Seafarms as it continues to finance and develop its world class Project Sea Dragon in northern Australia.
New Seafarms CEO Mick McMahon and Company Secretary Harley Whitcombe visit the Project Sea Dragon site at Legune Station in the Northern Territory.
Mr McMahon has held extensive senior leadership roles with major domestic and international companies across numerous industry sectors, while Mr Brannan has extensive experience across a range of major food and building supplies companies in Australia and internationally.
Mr Trahar said: “I am delighted to have secured the highly credentialed Mick McMahon as CEO and Ian Brannan as Group CFO”
Mr McMahon is subscribing for 36.4 million Seafarms fully paid shares and Mr Brannan for 9 million fully paid shares by way of a direct share placement to both parties, on the same basis as the recently completed capital raising including 3 for 5 unlisted options.
Hear more from new Seafarms CEO Mick McMahon on ABC Radio with Matt Brann https://www.abc.net.au/radio/programs/nt-country-hour/seafarms-new-ceo-mick-mcmahon/13524320