Last Friday, IntraFish reported Marine Harvest intention to cut costs, among others by CEO Alf-Helge Aarskog requesting his own board of directors to cut his salary by 10 percent. The background for the focus on costs is the uncertain price picture for salmon.
“Such as the price picture is now, they will try to cut costs where they can. A cut in the top boss’ salary is nonetheless more of symbolic value. It’s vital to try to cut back costs when cash flow has now been reduced.