Sealord transitions to new CEO

05 September, 2019 by
FMCG Business
Doug Paulin will be taking over as CEO of Sealord Group next year.

Current Chief Executive Officer (CEO) of Sealord, Steve Yung, informed the Sealord Board of Directors earlier this year of his intention to step down at the end of 2020 financial year.

The Sealord Board have announced that effective 1st October 2020, Doug Paulin will be taking over as CEO of Sealord Group.

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The Board undertook a comprehensive assessment process and are excited about the appointment of Sealord’s first internal candidate, reflecting their focus on executive leadership development.

Paulin will be Chief Operating Officer effective 1st October 2019, working closely with Yung through a phased transition plan over the next 12 months until he officially takes over as CEO.

Paulin began his career with the Royal New Zealand Air Force, followed by 11 years with Lion Nathan working within sales and marketing. He also spent two years as part of the Lion Nathan strategic team, where he led Lion’s entry to the Grocery channel. Paulin then spent five years as the Chief Executive Officer for Hubbard Foods before joining Sealord.

Paulin has a BCom/LLB from the University of Otago, a MBA from Henley Management College in England and is a graduate of the Advanced Management Program at Harvard University in Boston.

Paulin’s whakapapa links him to Ngati Porou and Ngati Raukawa.

Sealord Board Chairman Whaimutu Dewes extended his thanks to Yung for his huge effort in leading Sealord for the past five years as Chief Executive Officer. “Steve has done a superb job evolving Sealord into the organisation it is today with a strong performance culture, clear strategic focus in deep sea fishing and aquaculture, and consistent financial results. Steve remains focused on the continued success of Sealord, and will work closely with Doug to ensure a successful transition whilst continuing business as usual.”