Market – April 15, 2019
How much was Griegs’ CEO paid in 2018?
Grieg Seafood CEO Andreas Kvame. PHOTO: Andreas Witzøe
Andreas Kvame got less than 2017.
According to the company’s annual report, Andreas Kvame was paid EUR 657 thousand in 2018. Around EUR 380 thousand of this came from bonuses and options exercised. This was slightly less than 2017’s EUR 707 thousand.
The salary package for Grieg’s top senior management combined (CEO, CFO, COO and HR director) came to around EUR 1.8 million.
In 2018, Grieg achieved EUR 780 million in revenue. EBIT was EUR 114 million – up from 2017’s EUR 94 million.
Grieg Seafood aims to harvest 83 thousand tonnes by the end of this year, with a 100 thousand tonne goal by 2020.
