Marine Harvest Executives Make the Big Bucks, and Cash in Shares, Workers get Fired, Updateed April 9, 2016

There is a discrepancy in the incomes and share options of senior executives, including CEO Aarskog, and the workers that are the first to get laid off when things go badly, including the algal bloom losses of 20 million salmon, some 100,000 metric tonnes of dead fish in Chile.

Scan the bold faced entries in the following post to find layoffs of workers in the last eight months, including, Chile, Scotland and other countries: http://fishfarmnews.blogspot.ca/2015/07/key-document-fish-farm-news-bites.html. 

Here is the share trade-in for $2.69 million (.16 exchange rate, Mar 23, 2016): https://www.undercurrentnews.com/2016/03/22/marine-harvest-execs-cash-out-shares/?utm_source=Undercurrent+News+Alerts&utm_campaign=2b44826f76-Americas_briefing_Mar_22_2016&utm_medium=email&utm_term=0_feb55e2e23-2b44826f76-92426209. 

Senior executives with Marine Harvest have earned a combined NOK 16.8 million ($1.4m) (as noted above, by the current exchange rate this is actually $2.69 Million) by cashing in share options awarded under the firm's remuneration scheme.

On March 21 2016, participants in Marine Harvest's senior executive share option scheme exercised 594,621 options in the company, corresponding to 594,621 shares at a strike price of NOK 28.37 per share.

On the same date Marine Harvest purchased 594,621 own shares at a price of NOK
129.30 per share to settle its obligation to deliver the shares.

Alf-Helge Aarskog exercised 105,500 options in Marine Harvest, corresponding to
105,500 shares at a strike price of NOK 28.37 per share, for a combined NOK 2.99m.

Ivan Vindheim exercised 63,823 options, corresponding to 63,823 shares at a strike price of NOK 28.37 per share, making NOK 1.8m.

Marit Solberg exercised 56,844 options, corresponding to 56,844 shares at a strike price of NOK 28.37 per share, for NOK 1.6m.

Ola Brattvoll exercised 46,817 options, corresponding to 46,817 shares at a strike price of NOK 28.37 per share, for NOK 1.3m.

Marine Harvest's board awarded 1.2m options under its senior executive share option scheme with effect from 2012, to the current participants in the option scheme.

The option scheme forms an important part of its long term remuneration policy for such senior executives, the company said.

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Now, see a list of problems in the fish farm/seafood industry. Scan the boldface titled for a minute. I think you will be shocked:  http://fishfarmnews.blogspot.ca/2015/07/key-document-fish-farm-news-bites.html.

And, here is Marine Harvest's annual report for 2015. Look at the risks to be overcome:  http://hugin.info/209/R/1999866/737534.pdf.