Gigante Salmon CEO Exits Company As Norwegian Farmer Faces Rising Costs; Acting CEO Named
Norwegian salmon farmer Gigante Salmon confirmed Tuesday that they have named an Acting CEO after the Board adopted a resolution to terminate the employment agreement with current CEO Helge E. W. Albertsen.
The company made headlines this week after a notice was posted on the Oslo Stock Exchange revealing the suspension of trading “in anticipation of an announcement.” The mysterious announcement came through Gigante’s annual report, which revealed not only challenges with mortality related to the first release of smolt, but also cost increases for...
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