Iceland's Kaldvik appoints new CFO amid financial pressure from weak salmon harvest

Icelandic salmon farming company Kaldvik has appointed Thorunn Ragnarsdottir as its new Chief Financial Officer. She previously worked at the European Free Trade Association and takes over the role at a time when the company's balance sheet is under significant strain. ## Financial challenges from weak harvest The appointment comes after weak performance at Kaldvik's salmon farms in Iceland's eastern fjords. The company has been facing operational difficulties that have put pressure on its financial position, making the CFO role critical for navigating the current challenges. Thorunn Ragnarsdottir brings experience from international trade and regulatory environments, which may help the company manage its financial restructuring and potentially seek new financing or cost-cutting measures.

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