Governance

Guided by Our Vision

“Naturally better tilapia”

Lake Yojoa, Honduras

Regal Springs®’ mission is to rear “naturally better tilapia” according to the highest ESG standards of sustainability, supplying our discerning customers with premium-quality fish that fulfills their expectations for taste, texture, and nutrition.

Proud to be a Swiss company

Our founder — a Swiss UN aid worker — was first inspired to begin an aquaculture enterprise while working in Indonesia over 30 years ago.

Today, while we run operations in the US, Mexico, Honduras, Indonesia, and Germany, our headquarters are still in Zurich — for several good reasons. Many of our investors are there, and it provides a convenient time zone for our worldwide operations. Zurich also offers a business-friendly, efficient environment, a high level of commercial transparency, and an internationally renowned banking system.

Switzerland has a well-deserved reputation for top quality across the board — from food products to leading-edge pharmaceuticals. This ethos of pursuing perfection and innovation matches our vision for producing premium-quality, sustainable tilapia that benefit people worldwide.

Embedding leadership in sustainable aquaculture

Since its inception, Regal Springs® has been committed to the principles and practice of outstanding corporate governance.

Our values encourage us to respect every external partner and stakeholder, as well as our own “blue food” champions.

Quality

Judged by the gold standard of “naturally better tilapia”

Responsibility

Representing Regal Springs® and its brand responsibly

Ownership

Reliable and dependable, delivering on commitments

Respect

Treating others as we wish to be treated

Integrity

Always honest, always fair, always transparent

Code of conduct

Work culture

Ensuring world-class quality in product and process, fully complying with the highest standards of ESG and creating shareholder value through sound business practices.

Respect and diversity

Nurturing the diverse communities across the four continents where we operate and from which our workforce and stakeholders are drawn.

Proud of our people

Taking great pride in our people, their passionate engagement, their consistent performance, and their integrity in delivering our vision.

Pioneers in the “blue food movement”

Regarding ourselves as steadfast pioneers in the burgeoning blue economy, working towards the goal of new and sustainable fish protein sources to boost the planet’s threatened resources.

Our sustainability program

Embodying our values of integrity, sustainability, and social engagement in our sustainability program enriches the social and environmental fabric of our workplaces.

Board of Directors

Joerg Ayrle

Chairman

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Since August 2020, Joerg has acted as an independent director chairing remuneration and audit committees. He was formerly the CFO for hospital group IHH Healthcare and prior to that CFO for the Thai Union Group. Joerg serves on two other boards, and he holds an MBA from the University of Augsburg.

Mike Spittal

Director

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Mike Spittal holds a B.Comm & LLB degree and he has vast experience in corporate governance. He has served as Chairman and a non-exec board member for various organizations. Previously, Mike was a Board member of Golden Springs, the parent company of Regal Springs.

Graham Ellis

Graham Ellis

Chief Executive Officer

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Graham is a proven CEO and advisor with a strong track record in driving growth, advancing AgrifoodTech innovation, and supporting new technologies across sectors. He brings valuable insight from his advisory role with Regal Springs and Golden Springs.

Geir Molvik

Independent Director

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Geir has been an independent director since mid-2021. His earlier aquaculture experience was gained in Norway, Canada, and Australia. After 10 years in several senior roles, he served as CEO of Cermaq group from 2016 until February 2022. Geir has an MSc from Tromso.

Executive Management Team

Michael Haag

Chief Human Resources Officer

Vernon Bradley

Head of Marketing and Business Development

Todd Raasch

Managing Director North America

Sasathon Totana

Chief Financial Officer

Diversity policy

Being a global organization with a diverse workforce, we aim to match our teams’ skills with the company’s needs. This diversity creates an innovative and open-minded outlook, reflected in our motto: “one team, one goal, one spirit.”

Regal Springs® recruits and promotes employees based on their qualifications, experience, and work performance. We provide equal opportunities for all, regardless of race, color, national origin, religion, sex, gender identity, sexual orientation, age, marital status, military service, disability, or medical conditions (including pregnancy).

We don’t tolerate discrimination in any form, and we treat others with respect.