NT News

Chiefs lured to Seafarms

- GARY SHIPWAY

SEAFARMS, the company behind the Northern Territory’s $1.5bn prawn farm project, has pulled off a coup by securing the services of former chief executive of chicken processor Inghams.

Mick McMahon will start as chief executive of Seafarms on September 20. Seafarms has also appointed another former Inghams senior executive, Ian Brannan, to be its chief financial officer.

Seafarms chairman Ian Trahar said the key appointmen­ts marked another key milestone in an exciting phase of the prawn farm project.

“These two positions have been planned for the better part of a year and I am delighted to have secured the highly credential­ed Mick McMahon as chief executive officer and Ian Brannan as group chief financial officer,” Mr Trahar said.

“Mr McMahon brings deep knowledge and experience to Seafarms that will benefit the developmen­t and growth of

Project Sea Dragon, aimed at transformi­ng our business into a significan­t global seafood player.

“In addition to his experience as CEO of Inghams Group Limited, Mr McMahon has extensive experience with major Australian retailers, a major animal feed and nutrition provider and Australia’s largest skilled labour provider with a strong exposure to Northern Australia.

“Mr McMahon is uniquely positioned to appreciate the challenges and opportunit­ies that the vertically integrated business structure of Project Sea Dragon brings, and the importance of our advanced breeding and biosecurit­y programs.

Mr Brannan was group chief financial officer at Inghams at the same time that Mr McMahon was CEO and managing director. Having already worked together Mr McMahon and Mr Brannan are a proven team. With Sea Dragon now heading towards production we now have the operating team to take us to the next step.”

Mr McMahon said he was delighted to be joining the Seafarms team at this critical stage of its developmen­t.

“I look forward to building on the work done to date to create a world-class integrated prawn business that delivers benefits for all its stakeholde­rs,” he said.

 ??  ?? Mick McMahon and Ian Brannan.
Mick McMahon and Ian Brannan.

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