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American Seafoods Group Names Kevin McMenimen as new CFO


American Seafoods Group today announced Kevin McMenimen has been named the company’s Chief Financial Officer. “I am thrilled to have Kevin join our team as CFO,” said Chief Executive Officer Mikel Durham. “In his career, Kevin has distinguished himself as a professional with a proven track record of partnering with operations, sales, and manufacturing to deliver great results.”

After finishing his service as an aircraft mechanic in the United States Air Force and the Minnesota Air National Guard, Kevin’s experience has ranged from working for multinational corporations Pillsbury and General Mills to smaller entrepreneurial, private-equity owned food businesses such as Michael Foods and Flagstone Foods—the latter a $700 million producer of healthy snacks, dried fruits, and nuts that was acquired by Tree House Foods during his tenure as CFO. Most recently, Kevin has served as CFO of Performance Optics, a global manufacturer of ophthalmic lenses where he led a major acquisition of a Korean competitor, increasing Performance Optics’ revenues by 60 percent.

“I am extremely happy to join the great team at American Seafoods,” said McMenimen. “The company’s solid financial position, its proven leadership and the professionalism and commitment of its employees made the position extremely attractive. I look forward to working with the company’s leadership and its financial partners as we continue to supply healthy and sustainable seafood products to our customers around the world.”

McMenimen holds a B.S.B from the University of Minnesota and a MBA from University of St. Thomas. He will assume his CFO duties on the first of November.

About American Seafoods

American Seafoods is a leader in the harvesting, processing, preparation and supply of quality wild-caught seafood. Harvesting a variety of fish species, the Company processes seafood into an array of finished products on board its state-of-the-art fleet of vessels. The Company produces a diverse range of fillet, surimi, roe and block product offerings, made from Alaska pollock, Pacific whiting, and Pacific cod. Finished products are sold worldwide through an extensive global distribution and customer support network. From the ocean to the plate, American Seafoods has established a global sourcing, selling, marketing and distribution network bringing sustainably-harvested seafood to consumers worldwide. For more information, please visit us at www.americanseafoods.com.

This press release contains forward-looking statements. The words “will,” “believes,” “anticipates,” “intends,” “estimates,” “expects,” “projects,” “plans,” or similar expressions are intended to identify forward-looking statements. All statements in this press release other than statements of historical fact, including statements which address our strategy, future operations, future financial position, estimated sales, projected costs, prospects, plans and objectives of management and events or developments that American Seafoods expects or anticipates will occur, are forward-looking statements. All forward-looking statements speak only as of the date on which they are made. They rely on a number of assumptions concerning future events and are subject to a number of risks and uncertainties, many of which are outside of American Seafoods’ control and could cause actual results to differ materially from such statements.

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