Arctic Bioscience appointed Christer L. Valderhaug as CEO. Mr. Valderhaug will join Arctic Bioscience from his position as partner and head of investments at the advisory firm Converto AS based in Ålesund, Norway. Mr. Valderhaug will join the company during First Quarter 2022.

Mr. Valderhaug replaces Ole Arne Eiksund who has been managing the company since 2018. Mr. Eiksund will stay with the company until Mr. Valderhaug takes on the position and will also be available to the company as required during the transition.