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Sunday, July 21, 2019

Corporate Finance News

Jens F. Grüner-Hegge is the new CFO at Stolt-Nielsen (Photo: Stolt-Nielsen)

Stolt-Nielsen Names Grüner-Hegge CFO

Stolt-Nielsen Limited announced Jens F. Grüner-Hegge has been appointed as its new Chief Financial Officer, effective from April 2, 2018.   Grüner-Hegge, who has served as Vice President, Corporate Finance since 2007, succeeds longtime CFO Jan Chr. Engelhardtsen, who will retire from his executive role and has been appointed to fill a vacancy on the company’s board of directors.   With the addition of Engelhardtsen as a director, the SNL Board now has seven members, four of which are independent.   Earlier in his 25-year career at Stolt-Nielsen, Grüner-Hegge

Bryceon Sumner (Photo: Foss)

Foss Names Sumner CFO

a $60 billion government banking insurance fund. Most recently, he was CFO of Academic Partnerships, a Dallas-based educational technology provider focused on developing online classroom tools for nonprofit colleges and universities. Sumner’s strong background and expertise in the areas of corporate finance, mergers and acquisitions, strategic planning, operations and as a certified public accountant has helped provide valuable leadership and support to many companies and boards. He began his career at Ernst & Young working on several IPOs, including a banking tech IPO that was later sold

(Photo: Harley Marine Services)

Harley Marine Hires Adlakha as CFO

International Business Diplomacy Certificate from the McDonough School of Business at Georgetown University. Following his Coast Guard career, Sterling held positions in investment banking and equity research before returning to his maritime roots at the Kirby Corporation where he held positions as Corporate Finance Manager, Director of Investor Relations and Finance, and finally, Vice President and Chief Financial Officer of United Holdings LLC

Giaever to Take Over as CFO at NAT, NAO

his position as the new chief financial officer (CFO) at Nordic American Tankers Limited (NAT) and Nordic American Offshore Ltd. (NAO) from October 16, 2017.   Giaever joins NAT/NAO from maritime focused investment bank Fearnley Securities AS, where he served as a director and partner in the Corporate Finance division. Giaever has served as a corporate advisor in the John Fredriksen group in London, top rated Senior Shipping Analyst in DNB Markets and partner in Inge Steensland AS, specializing in gas related maritime matters.    Outgoing NAT/NAO CFO, Turid M. Sorensen, will leave her

Hardin Bethea (Photo: Blackhill Partners)

Bethea Appointed Director at Blackhill Partners

;We have long considered him to be a partner, and to have Hardin now officially with Blackhill leading our new Maritime Industry Group will benefit the shipping industry, Hardin and Blackhill.”   With more than 18 years of experience in investment banking, investment management and corporate finance, Bethea has extensive experience in the maritime and seaborne trade industry. He has invested in and advised shipping companies for more than 14 years, across shipping sectors and economic cycles both domestically and internationally.   Prior to joining Blackhill, Bethea founded a strategic

Glen Rødland (Photo: Prosafe)

Prosafe Appoints Interim Chairman of the Board

;s board has accepted the resignation and appointed Glen O. Rødland as interim Chairman of the Board. Rødland, currently a senior partner at HitecVision, has 25 years experience in shipping, oil and gas and other industries, with extensive experience as an analyst and in corporate finance. He also has considerable experience as a board member and chairman of several Norwegian public companies and other international companies. He is currently Chairman of Spectrum ASA and Aqualis ASA. Rødland’s earned an MBA in finance from the Norwegian School of Economics

Chris Hearne (Photo: Dana Gas)

Dana Gas Announces New Senior Management

has over 20 years’ experience within the oil industry having been CFO and Senior Vice President of Erin Energy, a NYSE listed company with oil assets across Africa, and with Intrepid Energy North Sea Limited.    Hearne was originally an investment banker and has wide experience of corporate finance transactions, including capital markets and M&A, with 10 years with Lehman Brothers International and Robert Fleming & Co.   The company also appointed Iman Hill as Technical Director in September 2015. Hill additionally holds the positions of General Manager for the UAE and

Kerri McClellan (Photo: Crowley)

Crowley Promotes VP and Deputy General Counsel

adds value.”    McClellan supervises two members of Crowley’s legal team, and serves as the legal representative on numerous important company projects, including a cyber-security task force, the new Crowley Cares Foundation, and many others. With extensive experience in corporate finance, mergers and acquisitions, corporate governance, and compliance, McClellan is responsible for a wide array of legal matters.   “She consistently brings innovative ideas and a valuable perspective to each project,” said Roberts. “She anticipates needs extremely well

Chad Call (Photo: Intermarine LLC)

Intermarine Promotes Corporate Finance Director

Project, breakbulk and heavylift cargo transporter Intermarine, LLC reports it has promoted Chad Call to Director of Corporate Finance. Call will continue to report to Michael Dumas, Executive Vice President and Chief Financial Officer. In this new role, Call will be responsible for managing the company’s banking relationships, corporate financial analysis, forecasting and financial reporting. Call joined Intermarine in 2010, where he previously served as Intermarine’s Manager of Financial Planning and Analysis. In this role he worked alongside the company’s top

Maurice Brand - Managing Director and Chief Executive Officer of LNG Ltd

Doris Joins LNG Ltd

that Kinga has the experience and skills to meaningfully contribute in the management of the wide range of corporate and LNG project activities LNGL engages in.” Ms Doris has 20 years of experience advising global energy companies in various capacities including corporate law, securities, corporate finance, and M&A.  Previously Vice President, General Counsel and Secretary at Pacific Drilling from 2010 to July 2015, Ms Doris led the Company  through  a  successful  NYSE  IPO  and  provided  legal  support  across  numerous international

Thomas Dittrich as Interim CEO

Sulzer Appoints Dittrich as Interim CEO

CEO, also with immediate effect. Thomas Dittrich, 51, holds Master of Science degrees in Mechanical Engineering (Dipl. Ing. Univ) as well as in Finance, Accounting, and Business Administration (HSG) and is Group CFO since August 2014. He has over twenty years of comprehensive experience in corporate finance, controlling and mergers and acquisitions working for global companies. The Board of Directors has complete confidence in the Executive Committee under the interim leadership of Thomas Dittrich. It also remains fully committed to the ongoing Sulzer Full Potential programme, which aims to

Mikael Kromli (Photo: The Swedish Club)

Swedish Club Names New CFO

The Swedish Club announced the appointment of a new Chief Financial Officer, Mikael Kromli, who will take up the position on June 15, 2015 and will be based in Gothenburg.   Kromli, a Swedish national, brings with him experience in the corporate finance field, especially in the areas of investor relations, treasury and risk management in the insurance sector. A past CFO in Sweden’s Volvo Group and at TitanX, Kromli has also worked as CFO at Nobel Biocare, at the time a listed company on the Stockholm Stock Exchange.    The Swedish Club used the occasion of the 2015 Annual

Alastair Marsh (Photo: LR)

Marsh to Take Over as Lloyd’s Register CEO

.    Marsh is a graduate in Business Studies & Accounting from Edinburgh University and a member of the Institute of Chartered Accountants of Scotland. He worked with Price Waterhouse for five years, in both their Edinburgh and Brisbane offices, on a broad range of audit and corporate finance clients, covering a wide range of industries. Alastair also sits on the board as Executive Director and a number of boards of subsidiary companies.   Commenting on his departure from the group, Sadler said, “When I was appointed in 2007, I made a public commitment that I would

Dene Heywood

3sun Group Appoints Commercial Director

his career as a law graduate, achieving further professional qualifications from the Institute of Chartered Accountants in England and Wales and the Institute of Directors, and gaining a breadth of experience across a significant number of business sectors. Dene Heywood’s experience in corporate finance will add legal and financial expertise to the board of directors at 3sun Group, whilst his strong track record in internationalisation and rapidly growing business streams will assist the Group in achieving its strategic objectives in business development and organic growth. Commenting on

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