OSLO, NORWAY: The Board of Directors of Atlantic Sapphire ASA has received a request from Johan Andreassen, the CEO, to resign from his role. Mr. Andreassen will stay as an interim CEO until a new one is found. The Company will begin the search for a new CEO right away. Johan E. Andreassen said: “The…
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Atlantic Sapphire announces restructuring of the organization
MIAMI: Atlantic Sapphire ASA announced that Bjørn-Vegard Løvik will join the Company as Interim Chief Operating Officer, reporting directly to the CEO of Atlantic Sapphire USA LLC, Johan E. Andreassen, as part of a restructuring of the organization to improve transfer of information, knowledge and accountability. Dharma Rajeswaran will take on a new advisory role…
Incident in Atlantic Sapphire’s US facility
MIAMI: On Tuesday, March 23, 2021, Atlantic Sapphire USA LLC, a wholly owned subsidiary of Atlantic Sapphire ASA, had an incident in one of its grow out systems at Miami facility. The other systems were unaffected. The Company’s preliminary analysis, which remains subject to change, indicates that an identified design weakness from its RAS supplier…