OBI Seafoods Closes Larsen Bay This Season
On Wednesday, January 31st, 2024, OBI Seafoods verified that the Larsen Bay facility on Kodiak Island will remain closed for the 2024 salmon season. John Hanrahan, the CEO of OBI Seafoods, stated that operations will cease at the Larsen Bay plant due to the “poor pink salmon forecast” from Alaska’s Department of Fish and Game (ADF&G) as well as challenging market conditions for salmon products.
In November 2023, John Hanrahan was promoted to CEO from his previous position as Chief Operating Officer overseeing sales and marketing. He succeeded Mark Palmer after his retirement.
OBI Seafoods, based in Seattle, Washington, was established in 2020 following the merger of Ocean Beauty Seafoods and Icicle Seafoods. This strategic merger created an entity with a more competitive edge against competitors Trident Seafoods and Silver Bay Seafoods. OBI Seafoods has since become a prominent participant in Alaska’s salmon fishery.