Aker Solutions CEO saw major pay cut in 2019

After going through an already strained period, oil service firm Aker Solutions has seen a significant downturn in economic activity since the coronavirus broke out, as is evident in the annual report, which also reveals a major pay cut for CEO Luis Araujo.

Photo: Ints Kalnins/Reuters/Ritzau Scanpix

by MATHIAS JULIUS FALKENGAARD

The chief executive of Norwegian oil service company Aker Solutions, Luis Araujo, had his pay almost halved from 2018 to 2019.

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Coronavirus sends 1,000 Norwegian oil workers home
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Aker Solutions increases revenue but lowers bottom line
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