Neptune Energy Names Lumens CFO
Private equity backed oil and gas producer Neptune Energy on Monday named former Louis Dreyfus executive Armand Lumens as its chief financial officer. Lumens worked with Louis Dreyfus Co as its group chief financial officer for less than two years and last month left the commodities trader citing personal reasons.Lumens will join Neptune on December 1, the company said in a statement.Neptune, based in London, is backed by Carlyle Group and CVC Capital partners and headed by former Centrica boss Sam Laidlaw.(Reporting by Shanti S Nair; Editing by James Emmanuel)
Dieleman Takes over as Cargill Shipping Head
Commodities trader Cargill has appointed a new head of its shipping business, weeks after announcing it would close its London freight unit amid a worsening global seaborne market. The dry bulk sector, which transports commodities such as coal and grain, continues to suffer from too many ships available for hire and slowing demand for goods, especially from top importer China, which has led to freight rates slumping to record lows. Cargill, a leading shipping player, said on Friday Jan Dieleman had taken the helm since March 1 of its ocean transportation business, succeeding Roger
