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Here's the press release.

Joe Bundrant named CEO at Trident Seafoods

Chuck Bundrant announced his son, Joe, is taking over as chief executive at Trident Seafoods, one of the largest processors operating in Alaska.

This doesn't mean, however, that Joe Bundrant, 47, now has full command of the Seattle-based company.

This message to employees indicates he'll report directly to the elder Bundrant and the rest of the company's board of directors.

Chuck Bundrant is board chairman and Trident's founder.