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High Liner Foods Appoints Keith Decker to New Senior Executive Position

LUNENBURG, NS , Sept. 19, 2013 /CNW/ - (TSX: HLF):  Henry Demone , Chief Executi...

articleHigh Liner Foods IncorporatedSeptember 19, 20133/company/high-liner-foods-incorporated/news/high-liner-foods-appoints-keith-decker-to-new-senior-executive-position
High Liner Foods Appoints Keith Decker to New Senior Executive Position

About this update from High Liner Foods Incorporated

[{"type":"text","content":"\n\n\n\n\n\nLUNENBURG, NS, Sept. 19, 2013 /CNW/ - (TSX: HLF): Henry Demone, Chief\n Executive Officer of High Liner Foods Incorporated (\"High Liner Foods\"\n or \"the Company\"), is pleased to announce the appointment of Keith\n Decker to the newly created executive position of President and Chief\n Operating Officer of High Liner Foods.  In this position, Mr. Decker\n will assume responsibility for the day-to-day operations of the Company\n from Mr. Demone. Mr. Demone will remain in his role as CEO of High\n Liner Foods and continue to focus on strategy and growth\n opportunities.  These changes are effective immediately.\n\n\nMr. Decker has been the President and COO of High Liner Foods (USA)\n Incorporated since March 2008, responsible for the overall performance\n of High Liner Foods' US operations, and during his tenure, also led the\n integration of three acquisitions into the US operations.  Mr. Decker\n was previously President and COO at Fishery Products International\n (\"FPI\") and joined High Liner Foods through its acquisition of FPI's\n North American value-added food service and retail frozen seafood\n businesses in 2007.\n\n\n\"Keith has successfully led our US operations through a phase of growth\n previously unprecedented at High Liner Foods.  We were extremely\n fortunate to have him join our team through the FPI acquisition and\n have benefited greatly from his extensive experience and expertise with\n the seafood business\", said Mr. Demone.  \"I am confident in Keith's\n ability to assume this new role and to help lead the organization\n towards its vision to become the leading frozen seafood supplier in\n North America,\" added Mr. Demone.\n\n\nSince 2007, High Liner Foods has made three significant acquisitions and\n grown its revenue from $256 million in 2007 to $943 million in 2012. \n Adjusted Net Income1 has increased by $31 million, from $7.1 million to $38.1 million, over\n the same time period.  Today, High Liner Foods has a market\n capitalization of approximately $544 million and is the leading North\n American value-added frozen seafood company.\n\n\nKeith Decker has over 25 years of experience in the seafood industry and\n worked in sales for several different seafood companies, before being\n recruited in 1995 to Clouston Foods, after it was acquired by...

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