American Seafoods executive warns of cash crisis at company; CEO says claim is 'factually incorrect' but acknowledges "belt-tightening" underway

A leaked internal email obtained by IntraFish says the weak global pollock market is putting a strain on the company's finances at a time when it is on the sales block.

Einar Gustafsson, CEO of American Seafoods, acknowledged the company is conserving cash as a result of falling pollock prices. — Einar Gustafsson, CEO of American Seafoods, acknowledged the company is conserving cash as a result of falling pollock prices.Photo: IntraFish

John Fiorillo

American Seafoods Einar Gustafsson Alaska pollock Genuine Alaska Pollock Producers Trident Seafoods

Published 19 October 2023, 15:10Updated 19 October 2023, 15:23