There is going to be a shake up on the board of the Iceland Seafood International (ISI) company. Two board members are set to step down while another is set to rise to that board. Mark Holyoake and former ISI CEO Benedikt Sveinsson are stepping down to make room for the addition of the former CEO of Icelandic Group.
There is a scheduled meeting in Reykjavik to take place on February 2, 2020 to confirm these changes and to nominate another individual for the remaining board position. There are a few good names that are being tossed around as potential board members including Jakob Valgeir Flosason and Liv Bergthorsdottir who are both top corporate individuals at some of the most powerful companies in Iceland. See This Article for additional information.
There have been a lot of changes at ISI beyond these board changes. Earlier this year the company announced a new CEO would be leading the company. They have also acquired a company known as Solo Seafood in September of 2018 which helped them reach into even more markets than they had before.
While there has been plenty of news for the company it is all in a day’s work for Mark Holyoake. He has seen these kind of things before and has continued to find value in the food industry. Mark made some of his savviest financial moves in the industry when the rest of the world was in the last major recession.
He found companies that were on sale for a good price and he snapped them up. Working in Iceland in particular during the recession was a particularly savvy move. Holyoake is seen as a visionary in the industry and it spells good things to come for the company.
The brand is looking to expand into even more countries and regions of the world in the coming years as they attempt to continue their dominance of the seafood space.
Mark Holyoake derives his inspiration to be better through other successful entrepreneurs’ journeys like that of Alibaba’s founder Jack Ma. He also cites his determination to win even after challenges and failures. Apart from business, Mark has a beautiful family, married with three daughters.