Fleet Management Managing Director Rajvanshy Steps Down
by the lessons of the past and the optimism for what lies ahead.”“During the transition, we will remain squarely and resolutely committed to the delivery of industry-leading service to our customers, partners, seafarers and all of those who rely on us. Our succession planning and transitional steps have been designed to ensure there are no interruptions to service levels.”Rajvanshy said, “As I prepare to pass the baton to the next generation, I am confident that the company’s future is bright and that it will continue to set industry standards for years to come. This is a
Euronav CEO Hugo De Stoop Steps Down
Belgian tanker operator Euronav announced Tuesday that its CEO Hugo De Stoop is stepping down after nearly two decades with the company, including four years as CEO.Euronav said its CFO Lieve Logghe will serve as interim CEO as the company searches for a new CEO. Lieve, who joined the group in 2020, will also continue in her role as CFO.De Stoop will remain available to Euronav as a senior advisor until his permanent successor is appointed, the company said.De Stoop joined Euronav in September 2004 and was appointed deputy CFO and head of investor relations and was nominated CFO as of January 2008.
Maersk Tankers CCO Eva Birgitte Bisgaard Steps Down
Danish shipping company Maersk Tankers announced its chief commercial officer Eva Birgitte Bisgaard is stepping down effect immediately.Christian M. Ingerslev, chief executive officer of Maersk Tankers, takes over responsibility for the company’s sales and services in addition to his duties as chief executive officer“Under Eva Birgitte’s leadership, partners’ satisfaction with our services increased significantly. In particular, in a disrupted tanker market, we have maintained close dialogue with partners and launched new digital solutions to boost their vessels’ environmen
Oldendorff Carriers' Longtime CEO Peter Twiss Steps Down
Peter Twiss, the longtime president and CEO at German shipowner Oldendorff Carriers, has decided to step down after nearly 28 years with the company. Twiss is succeeded by longtime employee Patrick Hutchins.Twiss’ career started at Concept Carriers in 1995, a start-up company which was established by owner Henning Oldendorff as an operating arm, with the aim of moving closer to the cargo clients. Twiss quickly rose through the ranks, and after running Concept Carriers in the late 90s and being co-CEO of Oldendorff Carriers, he became its sole CEO in January 2003.The long-tenured CEO is leaving
Inchcape CEO Frank Olsen Steps Down
Frank Olsen has stepped down as CEO of British multinational ports and marine management company Inchcape Shipping Services (ISS) effective November 30, 2022, the company announced on Friday.ISS said it has appointed a new CEO, Philippe Maezelle who joins December 1, 2022. Maezelle is an international business leader with strong executive transformation experience across the professional services industries. His previous experience includes CEO of Alfred H Knight, Executive Member at International SOS and DHL.Olsen, who departs after seven years with ISS, will support the transition and handover
Gasum CEO Lamminen Steps Down
Gasum is searching for a new CEO to replace Johanna Lamminen, who has resigned. The company's board of directors has appointed Kai Laitinen, Gasum's current CFO, as interim CEO until a successor is in place.“Together with the entire staff, we have traveled an amazing journey. We have built a Nordic energy company that provides clean energy to industry, shipping and transport, not to forget the biogas market and the circular economy. The company has a clear goal. The work is done, and now it is the right time for me to head towards new challenges,” said Lamminen, who served as Gasum
Glencore Boss Glasenberg Steps Down, Nagle Named CEO
Glencore boss Ivan Glasenberg is to step down next year and Gary Nagle, head of coal assets at the mining and trading group, will become the new CEO.Glasenberg's departure will mark a shift to a new, younger leadership for the business, which, along with other mining companies, has faced increasing pressure from investors to cut carbon emissions.Glasenberg, 63, has been chief executive since 2002 and investors have been expecting a succession plan after several senior members of management retired in the last few years.He said his goal during his 18-year tenure as CEO was to transform the group by
Karoon Energy CEO Steps Down after 16 Years at Helm
Australian oil and gas company Karoon Energy has said that its founder and CEO Robert Hosking will step down after 16 years at the helm.The company, with oil and gas projects in Australia, Peru, and Brazil, said Wednesday that Hosking had informed it of its decision to retire at the 2020 Annual General Meeting.Commenting on his retirement plans, Hosking said: “After 16 years at the helm, and having transformed Karoon from a A$8 million pure-play exploration company in the onshore Gippsland Basin, to making offshore gas discoveries in the Browse Basin, reaching the ASX 200 index, developing a
Chariot Oil & Gas CEO Steps Down. Acting CEO Named
London-listed oil company Chariot Oil & Gas has informed that Larry Bottomley, CEO, has stepped down from the company with immediate effect.The company, with operations in Morocco, Namibia, and Brazil, said Tuesday that Adonis Pouroulis, currently Non-Executive Director and founder, would take over as acting CEO with immediate effect. Further, Julian Maurice-Williams, currently Chief Financial Officer, and Duncan Wallace, currently Exploration Manager, will join the Board with immediate effect as executive directors as Chief Financial Officer and Technical Director respectively."The
Weatherford CEO Steps Down
U.S. oilfield services company Weatherford has said that Mark A. McCollum, President, Chief Executive Officer, and a director, has left the company, effective immediately. McCollum, an executive with four decades of experience in the oil and gas industry, joined Weathearford as CEO in 2017, having previously served as CFO at rival service company Halliburton.He will now be replaced by Karl Blanchard, Executive Vice President and Chief Operating Officer, and Christian Garcia, Executive Vice President and Chief Financial Officer, who will form the Office of the Chief Executive, reporting directly
Equinor Exploration Manager Steps Down to Take New Role
Norwegian oil and gas company Equinor has informed that its executive vice president Exploration Tim Dodson will step down as executive vice president Exploration, a role he held since 2011.In what Equinor said was a planned change to the leadership of Exploration, Dodson will take on the role as vice president Strategy Execution in Global Strategy and Business Development (GSB) from June 1, 2020.Tore Løseth has been appointed acting executive vice president of Exploration and will join the corporate executive committee (CEC) in this capacity.Løseth is a Norwegian citizen and joined
Golar LNG CFO Robjohns Steps Down
Golar LNG Limited said that, after almost 20 years of service with the Golar group Graham Robjohns has decided to step down from his position as Chief Financial Officer. In order to facilitate a smooth transition, Robjohns will remain in his current position until April 30, 2020 while the search for his replacement proceeds.Additionally, Golar LNG Partners L.P. announced that with immediate effect Brian Tienzo will step down as Chief Executive officer of Golar Partners and will focus full time on Golar group financings. Robjohns will take on the role of Golar Partners CEO until April
Malibu Boats Announces c-Suite Changes
Paxson St. Clair steps down from roles as President of Cobalt Boats and Board Member of Malibu Boats, Inc. Shane Stanfill announced as President of Cobalt Boats and Chip Smith joins Malibu Boats, Inc. as Vice President of MarketingIn a letter to all Cobalt Employees, Paxson St. Clair officially announced this week that he would be stepping down from his role as President of Cobalt Boats and Board Member for Malibu Boats, Inc. to spend more time with family. Paxson will remain highly engaged with the brand that he and his family built by assuming a part-time role focused on Cobalt Dealer developmen
N-Sea Names New Chief Executive
N-Sea Holding announced Thursday it has appointed Arno van Poppel as Chief Executive of the Netherlands based subsea inspection, maintenance and repair (IMR) services provider.van Poppel succeeds Gerard Keser, who steps down from his current role after eight years with the company to take up a position on the company’s advisory board.With a solid track record in the marine contracting environment, van Poppel has contributed to the growth and transformation of companies such as Fabricom and Boskalis Subsea Cables & Flexibles (formally VBMS), creating market leaders renowned for their innovative
The Fjords CEO Steps Down
Rolf A. Sandvik is leaving his position as CEO of The Fjords. Sandvik, who has led the company since its formation in January 2015, has informed the board of his intention to step down. Vidar Hauståker, the Chief Financial Officer of The Fjords and Flåm AS, will act as interim general manager until a permanent replacement is recruited.The Fjords has delivered a strong performance since its launch, in addition to launching a new breed of environmentally friendly, passenger focused and multi-award winning vessels. The company’s first three operating years (2015-2017) generated a
British Ports Chairman Steps Down
Shoreham Port’s Chief Executive, Rodney Lunn stood down as Chair of the British Ports Association (BPA), at their Annual General Meeting on yesterday after a two-year term. Rodney had been the Vice Chair of the BPA for two years prior to taking on the role of Chair in 2016. During his time as Chair, Rodney has been proactive in addressing key issues facing the ports industry. This has included developing good governance principles across the sector. Rodney has also championed for investment in the transport network, despite difficult times for public funding. He has
PIL Founder Steps Down as Chairman
The founded and Chairman of Pacific International Lines (PIL) Chang Yun Chung announced that he is stepping down and the current Managing Director SS Teo will take over from him. In a statement he said, "I wish to inform you that as part of PIL’s ongoing renewal and succession plan, I will step down as Chairman with effect from 1 April 2018. The Board has selected SS Teo, current Managing Director, to lead the Company in the role of Executive Chairman & Managing Director. "At the same time, I will also retire from the Board and relinquish all my board
