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New CFO for High Liner Foods

29 January 2014

US - High Liner Foods Incorporated has announced that Mr Paul Jewer will replace Mr Kelly Nelson as Chief Financial Officer (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 40TM 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.

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