With a growing number of publicly listed seafood companies reporting upticks in their market valuations over the past year, the CEOs running the show are also seeing a bump in their salary packets every year.
UK-based Nomad Foods CEO Stefan Descheemaeker pocketed the highest base salary in 2019 -- about $983,000 (€907,000). However, the salary does not include other benefits such as share options, which bumps the executive up even higher.
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Canadian frozen seafood giant High Liner Foods CEO Rod Hepponstall earned the fattest total salary packet in 2019 worth $2.6 million (€2.4 million), a vote of confidence in his ability to turn the group around.
The highest paid CEO in the salmon farming industry, Alf-Helge Aarskog, recently stepped down from his position at Mowi, but not before taking home a total of $2.1 million (€1.9 million) in 2019.
IntraFish also drilled down the companies' 2019 shareholder total return -- which basically translates to the share price movement, dividends and share buybacks -- giving an idea of how each stock performed throughout the year.
Land-based salmon farmer Atlantic Sapphire shareholders saw the highest return of about 87 percent, followed by Bakkafrost, Grieg and Norway Royal Salmon.
New IntraFish Business Intelligence report is out now: Investing in Seafood. Report offers an in-depth look at seafood M&As and how the coronavirus has changed the sector for companies and investors. Reach out to us at Intelligence@IntraFish.com for more information.
