Ezra Holdings Chairman Steps Down

Press Release
Wednesday, January 02, 2013

Mr. Lee Kian Soo, Executive Chairman of the Company, steps down to be replaced by Mr. Koh Poh Tiong.

Ezra is a leading offshore contractor and provider of integrated offshore solutions in the offshore oil and gas industry. The wide range of services that Ezra offers includes subsea construction and maintenance, drilling support, towing and mooring, pipe and cable operations, high speed cargo and crew transportation.

Lee Kian Soo, was founder and Executive Chairman of Ezra Holdings with 20 years at the helm. He leaves with the Group in a strong position, having achieved revenues of nearly US$1 billion in Financial Year 2012. Succeeding him is corporate veteran Mr Koh Poh Tiong, 66, who assumes the position of Non-Executive Chairman as the Group embarks on its next stage of growth and internationalisation.

Retiring Chairman Mr Lee Kian Soo has been in the shipping and offshore support services industry for more than 30 years. In 1992, he founded Ezra. Under his stewardship, Ezra has transformed itself from a local subcontractor in shipyards to a global player owning its own shipyards and with offices in 16 locations across five continents spanning Africa, the Americas, Asia-Pacific and Europe. Mr Lee remains as Non-Executive, Non-Independent Director, a role that allows him to continue to contribute his perspective from his extensive experience in the industry.

New Chairman Mr Koh Poh Tiong joined Ezra’s Board on 1 October 2011 as non-executive Vice-Chairman. With over 42 years of corporate experience in diverse sectors, ranging from food and beverage to shipping, he is passionate about building global brands and companies. He served as CEO of the Food & Beverage Division of Fraser and Neave Limited from 2008 to 2011. He was CEO of Asia Pacific Breweries Limited (APB) from 1993 to 2008.

“I am delighted that Mr Koh has agreed to take on the chairmanship of Ezra’s Board. His vast corporate experience will be key in guiding Ezra through our next phase of growth, and establish us as a global brand,” said Mr Lee.

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

PDVSA Charters Another Algerian Crude Cargo

Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker fixture data.

VT Halter Begins Building LNG-powered ConRo Ships for Crowley

VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has commenced construction on the first of two liquefied natural gas (LNG)-powered,

NYK Line Joins PNW West Coast Metro Pool

Effective October 20, 2014, NYK Line has become a member of the PNW West Coast Metro Pool (WCMP) operated by Trac Intermodal. The WCMP operates chassis at all major marine terminals,

Offshore

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months Schottel  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

Total CEO Killed in Moscow Runway Accident

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.

Statoil: New Oil in the Grane Area

Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.   Well 25/8-18 S, drilled by the rig Transocean Leader,

People in the News

PDVSA Charters Another Algerian Crude Cargo

Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker fixture data.

Russian Minister to Intervene with Gazprom on Slovakia Gas Flow

Russia's Energy Minister Alexander Novak will intervene with Gazprom to raise reduced gas shipments to Slovakia to contracted levels, Slovakia's economy ministry

Total Names Refining Boss to Replace de Margerie

French oil company Total has appointed refining boss Patrick Pouyanne as chief executive to succeed Christophe de Margerie who was killed in a plane crash in Moscow this week.

Offshore Energy

Total CEO Killed in Moscow Runway Accident

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.

Statoil: New Oil in the Grane Area

Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.   Well 25/8-18 S, drilled by the rig Transocean Leader,

Offshore Oil: Lamprell Completes Caspian Sea Drilling Unit

UAE-based Lamprell said that it completed construction of the second Caspian Sea jackup drilling rig, Mercury, for service in the Caspian Sea.   "I am delighted

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Electronics Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1416 sec (7 req/sec)