Drop in profits comes despite "record-high" harvest volume, but CEO Frode Arnsten says reduced costs and strong demand will support future performance.
Ingebjørg Hjortdahl will take up the position from January 1, 2026, coinciding with the change in South Korea's office status, which will become independent.
"I see a bright future for functional insect ingredients, and look forward to advancing their role in building a circular food system," the new CEO said.