Board Directors

Shepherd Non-Executive Dir. Ashtead Tech

Ashtead Technology announced that Derek Shepherd has joined the Board as a non-executive director. Shepherd is a main board director of Aggreko plc.  For the last 10 years, Shepherd has been Managing Director of Aggreko International, one of the key drivers of Aggreko’s recent growth.  Under Shepherd’s leadership, its revenues have grown from $48.8m to $696.7m.  This appointment forms the latest addition to the Board since Ashtead Technology was acquired in June 2008 by Phoenix Equity Partners in a $131.1m MBO.

Saipem: BOD Appoints Chairman, CEO, Deputy CEO

San Donato Milanese, 9 May 2011 - The Board of Directors of Saipem S.p.A., convened and following the resolutions taken by the Shareholders’ Meeting on May 4, 2011, approved the appointments of the Chairman, Deputy Chairman and CEO and Deputy CEO of Saipem S.p.A. It also ascertained the independence requirements for Board Directors and Statutory Auditors and appointed the members of the internal Board Committees. Saipem’s Board of Directors is comprised of:

VT Halter Appoints Laborde Board Director

VT Halter Marine, Inc. (VT Halter Marine), a subsidiary of VT Systems, Inc. (VT Systems), announced the appointment of Cliffe F. Laborde to its Board of Directors. Laborde is owner and co-manager of Laborde Marine Services, LLC and Laborde Brothers Crewboats, LLC. These companies own and operate platform supply vessels and crewboats that service the offshore energy sector. Laborde previously held the position of Executive Vice President, General Counsel, and Secretary to Tidewater, Inc

Horizon Offshore Names Frank as Chairman of the Board

Horizon Offshore, Inc. announced the board of directors has elected J. Louis Frank as chairman of the board of the Houston-based marine construction company. Replacing outgoing chairman, James Devine, a UK national, with Frank, a U.S. citizen, allows Horizon to meet certain U.S. regulatory requirements relevant to a recently awarded contract. Mr. Devine remains a member of the board of directors. J. Louis "Corky" Frank joined the board of directors at Horizon in July 2001

ABS Elects Carlsson, Wolcott and Goulandris to Board of Directors

Lars Carlsson, president, Concordia Maritime AB; Douglas Wolcott of Wolcott Associates; and Peter George Goulandris of Capeside Steamship Company Ltd., were elected to the ABS Board of Directors, by the ABS Council, following yesterday's Annual Members Meeting of the classification society in New York. All three have a long association with the governance of ABS and have previously served on the classification society's Board

Kursiu Linija Sells Eimskip Share

Kursiu Linija sold a further 20-percent share of its equity to Icelandic transport company Eimskip. The move gives Kursiu Linija additional financial power and paves the way for expansion plans. Following the increase in Eimskip’s stake, Kursiu Linija will be run by a four-man board consisting of Bragi Thor Marinosson, Bjorn Einarsson, Stefan August Magnusson and Kursiu Linija founder and former managing director Arijus Ramonas

Manitowoc Company Announces Management Transition

The Manitowoc Company, Inc. announced that the company’s board of directors has elected Glen E. Tellock, as president and chief executive officer, effective immediately. Tellock succeeds Terry D. Growcock, 61, who will remain chairman of the board of directors through 2008. Tellock was also appointed to serve on the board for a term that expires in 2008. Prior to being named CEO, Tellock had been senior vice president of The Manitowoc Company and president of Manitowoc Crane Group since

Kinder Resigns from Transocean Board

Transocean announced that Richard D. Kinder has submitted his resignation as a member of the company’s board of directors to devote more attention to his duties at Kinder Morgan, Inc. and Kinder Morgan Energy Partners, L.P. Kinder’s resignation is effective immediately. Kinder is chairman of the board and CEO of both Kinder Morgan, Inc. and Kinder Morgan Energy Partners, L.P. which own and operate diversified energy assets. He served as a Transocean Inc., director since November 1994

RigNet Appoints Muller to Board of Directors

Edward Muller has been appointed to serve as a member of the Board of Directors of RigNet Inc. Paul Gundersen, RigNet chairman and CEO, said, "Ed Muller brings a valuable blend of industry knowledge and business experience to RigNet. Mr. Muller is a very welcomed addition to RigNet's Board of Directors; his depth of knowledge and experience will add tremendous value to our organization as we continue to grow the company."

ISS Announces 2012 Leadership

The International Superyacht Society (ISS) is pleased to announce the appointment of its 2012 Officers and Executive Committee. The Officers include the President, Vice President, Treasurer and Secretary who are distinguished superyacht industry leaders elected by the organization’s Board of Directors and who will serve a one-year term at which time they may be re-elected to the same post for not more than three consecutive years.