Morten Engelstoft has been appointed CEO of Maersk Tankers with effect from January 1, 2014 following Hanne B. Sørensen’s appointment as CEO of Damco. Morten Engelstoft has also been appointed CEO of Services & Other Shipping which consists of Maersk Supply Service, Maersk Tankers, Svitzer and Damco. Maersk Tankers is one of four businesses in Services & Other Shipping which consists of Maersk Supply Service, Maersk Tankers, Svitzer and Damco. The target for Services & Other Shipping is to strengthen the next level of businesses in the Group and reach USD 500 million in operational profit by 2016. Morten Engelstoft brings with him several years of experience from the Maersk Group. He joined A.P. Møller – Maersk in 1986 and has held several positions in the group. He has most recently held the position as COO of Maersk Line. Morten Engelstoft holds an Executive MBA from IMD (2005). Hanne B. Sørensen leaves her position as CEO of Maersk Tankers to become CEO of Damco after Rolf Habben-Jansen, who announced his departure in September 2013.
Horst Binnig was appointed CEO of Rheinmetall Automotive's parent company KSPG AG and will take over beginning January 1, 2014. As Executive Board member of Rheinmetall AG, he will also represent the interests of the automotive sector within the Rheinmetall Group. From the start of 2014 and in both these positions he is succeeding Dr. Gerd Kleinert who after 13 years of successful activities in the Rheinmetall Group is stepping down from his CEO position and enetering retirement.
The Board of Directors of Overseas Shipholding Group, Inc. (OSG) announced the appointment of Morten Arntzen as the company's new President & CEO. Mr. Arntzen, who last served as CEO of American Marine Advisors, Inc., a U.S. based merchant banking firm specializing in the maritime industry, has extensive experience in the international shipping business. Arntzen, 48, will succeed OSG's long-time CEO, Morton P. Hyman, who recently retired at the end of this year.
The Board of Directors of Overseas Shipholding Group, Inc. (OSG) today announced the appointment of Morten Arntzen as the Company's new President & Chief Executive Officer. Mr. Arntzen, who currently serves as Chief Executive Officer of American Marine Advisors, Inc., a U.S. based merchant banking firm specializing in the maritime industry, has extensive experience in the international shipping business. Mr. Arntzen, 48, will succeed OSG's long-time CEO, Morton P
Luxury cruise line, Silversea Cruises, Ltd., has announced that its owners, Italy's Lefebvre family, have completed a restructuring of its family holdings. As part of this process, Dr. Manfredi Lefebvre has been appointed Chairman of Silversea, assuming this responsibility from his brother Professor Francesco Lefebvre. In his first order of business, Dr. Lefebvre has appointed Albert Peter to the position of CEO, effective immediately.
Juha Heikinheimo has been appointed as President of Aker Yards' business area Cruise & Ferries and President of Aker Yards Oy in Finland. He will also be a part of the executive management team in Aker Yards. He will be based in Helsinki. Heikinheimo takes over from and reports to Mr. Yrjö Julin, who was earlier this week appointed President and CEO of Aker Yards ASA.
At its recent meeting in Oslo, Jacob Stolt-Nielsen, 70, informed the Board of Stolt-Nielsen S.A. that as part of the handover of his responsibilities he whished to resign as chairman of the Stolt-Neilsen Transportation Group Limited (SNTG), the Group's chemical transportation business. Jacob Stolt-Neilsen is the founder of SNTG and has been its chairman since 1959. As a pioneer of the deep sea, multigrade parcel trade in chemicals and other specialty products, he remains chairman of SNSA
Jukka Murtoaro, currently President of Wärtsilä Singapore, has been appointed Chairman of Wärtsilä's Chinese operations starting from January 1, 2004. Murtoaro will relocate in Shanghai. In his new position he will report to Ole Johansson, President & CEO of Wärtsilä Corporation. Mr Richard Wang, President of Wärtsilä China Ltd. and Mr Matti Mikkonen, Senior Vice President, Corporate Ventures will continue in their present positions reporting to Jukka Murtoaro.
Transocean Inc. has named Jean P. Cahuzac as president and Steven L. Newman as chief operating officer. Cahuzac, who previously served as executive vice president and chief operating officer of the company, will report to Robert L. Long. Long was president and CEO but will now continue as CEO and as a director of the company. Cahuzac joined a predecessor company of Transocean in 1979 and has held various international technical and senior management positions in the oil and gas
Thuraya Telecommunications Company, a mobile satellite communications company, appointed Samer Halawi as Chief Executive Officer. Halawi assumed the office on January 23, 2011 following the return of Yousuf Al Sayed to the Etisalat Group. Halawi has held several leadership positions in major regional and international telecom firms. Most importantly, he brings with him several years of experience in managing satellite telecom businesses and major customers across the Middle East
Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway DNV GL president and CEO Henrik O. Madsen was appointed as chairman of the executive board of the Research Council of Norway. The executive board is the Research Council’s highest authority
Gavin Higgins has been appointed Chief Executive Officer of Ice Floe LLC dba Nichols Brothers Boat Builders (NBBB), the company announced today. Effective immediately, Higgins replaces Matt Nichols, one of the company’s founders who has served as CEO of NBBB since February 2012
Søren Gath Hansen will step down as Group Executive Vice President and CEO for E&P. His successor is David B. Cook who comes from a position as Executive Officer and Head of Oil & Gas at the Abu Dhabi National Energy Company, TAQA
Chairman of the Board Erik Henriksen has given notice of resignation from his position on the Board of Norwegian Energy Company ASA. The notice will be considered by the Board in due course in accordance with applicable regulations
Newport News Shipbuilding appoints Bharat Amin to vice president and chief information officer Bharat Amin has been appointed vice president and chief information officer for the Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division, the company announced.
MacGregor is presently building its new Global Lifecycle Support organisation to develop and enhance customer service both in the merchant shipping and offshore markets. The installed base of MacGregor's product portfolio of strong MacGregor, Hatlapa, Porsgrunn
Inmarsat has appointed SpeedCast International Limited (SpeedCast), a leading global network and satellite communications service provider, as a Distribution Partner (DP) for its flagship maritime service, FleetBroadband, and Fleet One
Ensco plc announced that Carey Lowe has been promoted to Executive Vice President. Lowe will be responsible for overseeing investor relations, public relations, employee communications and branding, led by Vice President Sean O’Neill, as well as strategy
Norwegian Energy Company ASA has appointed Odd Arne Slettebø as Chief Financial Officer (CFO). Odd Arne Slettebø replaces Tommy Sundt who has been appointed new CEO of the Company. Slettebø joined Noreco in August 2012 and was until now Group Finance Manager of
Wood Group announced following changes to its senior management team. Alan Semple, chief financial officer (CFO) has advised the board that he intends to retire and step down from his current role and from the board at the company’s annual general meeting in May 2015
Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the Group with a view to further strengthen its leadership team. Mr Lee Fook Sun
Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation, has elected to retire on January 1, 2015, after more than 44 years of service. It is anticipated that the board of directors of Exxon Mobil Corporation will appoint Neil A
Genco Shipping & Trading Limited (OTCBB: GSKNF) has announced that John C. Wobensmith, the company's CFO has been appointed as President effective December 19, 2014. He succeeds Robert Gerald Buchanan, who will retire as of the same date
Rowan Companies (NYSE: RDC) appointed Stephen M. Butz as Executive Vice President, Chief Financial Officer and Treasurer, effective December 1, 2014. Butz joins the company from Hercules Offshore, Inc., where for the past nine years he has served in various corporate development
Nicolas Malgrain appointed executive vice president of Bourbon; joins group’s executive committee At a meeting on November 4, Bourbon’s board of directors appointed Nicolas Malgrain as executive vice president effective December 1, 2014