Chiloe Swaps CFOs

Cultivos Marinos Chiloe has named Andres Hoffman CFO, in a move effective October 17. He replaces Cristian Gazabatt, who has served as CFO since April. The salmon producer filed locally to issue an IPO in June and has been aiming for an October or November deal, market conditions permitting. Chiloe expects a 33% float and would use proceeds to help finance a $170m investment plan.