Cooney Joins Graig Group Board

Friday, March 14, 2003
The Graig Group has appointed Peter Cooney as a non-executive director. "Graig is at an important stage of its development as a broad-based international shipowning and shipping services group," says Hugh Williams, managing director and ceo of Graig. "We feel that it is important to show a lead in good corporate governance by having a strong non-executive presence on our board. We have known Peter for many years, and his wisdom and experience will be of enormous benefit to us." Cooney, formerly CEO at V Ship Management, has over 30 years experience in the shipping industry. "Graig has a challenging portfolio of diversified shipping interests, and is a very forward thinking company. Good corporate governance is very much in the spotlight now, and it is a pleasure for me to be asked to give robust independent oversight to Graig," says Cooney.

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