Petuna’s new CEO wants industry to work together

Tasmanian aquaculture’s newest chief believes the three big salmon operators must work together if the industry is to prevail.

Posted on March 11, 2018

Ruben Alvarez took over as Petuna’s chief executive in December and hopes by talking with Huon Aquaculture and Tassal, the big three can fix the problems the industry has.

“The only way that we can succeed in a business like this is to work together,” he said. “In the aquaculture business you need to look to the long-term, because from time to time we are going to face difficult years, but also we are going to face very good years.

“That is the vision of the owner of the company and that’s my vision too.”

Mr Alvarez is from Chile and has worked in Norway, Scotland, New Zealand and Saudi Arabia. After floating New Zealand’s King Salmon on the stock exchange and doubling its value he was ready for another challenge.

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