Tore Valderhaug (1960) was appointed Chief Financial Officer (CFO) of Cermaq in November 2009. Tore Valderhaug is a Norwegian State Authorized Public Accountant and has long audit experience inter alia from Arthur Andersen & Co. He has broad experience as CFO in listed companies, including EDB Business Partner ASA, Proxima ASA, and Ocean Rig ASA. Mr. Valderhaug is appointed Acting CEO from July 25 2011 until a replacement for Mr. Geir Isaksen is in place. As of 23rd June 2011, Valderhaug through close associates holds 5,400 shares in Cermaq ASA.