Bernt Bodal is a Norwegian-American businessman famous for being the former Chief Executive Officer of American Seafoods, one of the leading seafood companies in the United States of America.
Also a former musician, Bodal is a Rock N Roll Fantasy Camp partner. He is most recognized for his strong leadership abilities, which helps him stay on top of the charts regarding businesses and the management cultures he stands for.
Successful Career
After doing multiple minor jobs, Bernt collected enough money to focus on his own business. So he teamed up with a group of investors in 1999 and acquired the company American Seafoods.
He was named Chief Executive Officer of the company and held the position until 2017.
After more than 25 years of service, Bernt Bodal retired from the American Seafoods Company in May 2017. He stepped down from his position as chairman of the company’s Board of Directors as a part of his retirement from active participation.
About American Seafoods Company
American Seafoods Company is owned by the American Seafoods Group Consolidated, LLC. Topmost leaders of the Group include Mikel Durham as CEO, Kevin McMenimen as CFO, Margery Schelling as Executive Vice President of Marketing, Strategy, and Innovation; Scott McNair as the Executive Vice President of Product & Business Development; and Inge Andreassen as President of the American Seafoods Company which is a subsidiary of American Seafoods Group.
The company is one of the biggest seafood companies in America and one of the leading harvesters of fish globally.
Headquartered in Seattle, Washington, in the United States, American Seafoods Company owns and operates six large catcher-processor vessels that gather and process on board fish caught in the waters of Alaska and the Pacific Northwest.
The company is well-known for its products made from Pacific cod, Alaska pollock, Yellowfin sole, and Pacific (whiting) hake. These products are sold all over North & South America, Europe, and Asia.
American Seafoods Company is the top harvester in the United States Bering Sea Alaska Pollock fishery with roughly 45% of the catcher-processor market share.
American Seafoods products include whole fillet blocks, white fish meal, surimi made from entire fillets, minced pollock blocks, fish oil, and other “sidestream” products such as bone meal, fish skins, and stomachs.
American Seafoods also produces fillet blocks, minced blocks, headed and gutted fish, white fish meal, and fish oil.
Today the company records annual revenues of over $600 million, and Bernt Bodal is the majority shareholder.
In 2012, Bodal was featured on the reality TV series “Undercover Boss”. The show followed him while he spent time on a boat working as a fisherman.
A noted leader and innovator, Mr. Bodal was responsible for taking the American Seafoods company through an era of colossal change, including developing fishing cooperatives in both the United States Pacific hake and Alaska pollock fisheries.
Such cooperatives were essential to the company dramatically growing its product recovery rates.
Personal Life
Former American Seafoods CEO married twice in his life. According to media reports, Bernt Bodal married his first wife, Elisabeth Bodal, in 1978 when he was 25 years old.
The couple first met when Bodal visited his relative’s house in Lofoten. They moved to the United States after marrying. In April 1979, his wife gave birth to a son, Thomas Bodal. In 1981, Bodal became the father of a daughter named Ellen Bodal after two years. Alexander Olav Bodal, his second son, was born in 1989.
Due to personal causes, the pair divorced shortly after the birth of their children. Following that, he met and began dating TV actress Elizabeth Lyn Vargas. After a while, they both tied a knot with each other. Elizabeth and Bernt do not have a child. In July 2020, Bodal and Vargas finished their divorce, which was announced in October 2020. However, they did not reveal the true cause for their separation from the public. Bernt also enjoys spending most of his time with his rock band friends.
Bernt Bodal Net Worth
Mr. Bernt Bodal has a net worth of $200 million. In 2008, he and his wife Elizabeth spent $3.5 million on a property in La Quinta, California. They also have mansions worth $2 million, built in 2014.
Bodal made his money from a successful career, but he’s best known for really improving things when he was the CEO of American Seafoods company.
Real Estate
In 2008 Elizabeth and Bernt paid $3.5 million for a property in La Quinta, California (near Palm Springs).
In 2014 they built a 10,500 square-foot mansion with six bedrooms and nine bathrooms.
In 2017, likely in the wake of their separation, Bernt and Elizabeth listed the home for sale for $11.9 million. It took over three years and several price reductions, but they finally found a buyer in July 2020 for $8.5 million.
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