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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

SunEdison Restrained from 'Unusual' Asset Transfers

Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors

Maersk to Scrap Ships at India's Alang Beaches, NGO Dismayed

Maersk Line said on Friday it had chosen four shipbreaking yards along India's Alang beaches to handle an increase in vessels that need to be scrapped, to the dismay

Teknotherm Marine Moves HVAC Arm to Bergen

Maritime heating, ventilation and air conditioning (HVAC) firm Teknotherm Marine has established a new subsidiary is established with the name Teknotherm Marine HVAC AS.

Offshore

Premier Oil and Rockhopper Abandon Ocean Rig Contract

Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, cancelled a joint venture contract with Ocean Rig UDW.

US Oil Drillers Cut Rigs to Least in 6 Years

U.S. energy firms this week cut oil rigs for an eighth week in a row to the lowest levels since January 2010, data showed on Friday, as energy firms continue to

Eni, Exxon, Statoil Win Irish Offshore O&G Licences

The Irish government said on Thursday it had awarded oil and gas licences to companies including oil majors Eni, Exxon and Statoil , allowing them to explore for hydrocarbons off the coast of Ireland.

People in the News

Brazil's CEEE to sell stakes in Wind Farms, Dams

Brazil's Companhia Estadual de Energia El├ętrica (CEEE), a power utility controlled by the state of Rio Grande do Sul, will sell assets including stakes in wind farms,

N.E. Fishermen Warned of Extreme Cold, Wind Chills

The Coast Guard is urging the Massachusetts and Rhode Island fishing fleet to take caution heading into the weekend when life threatening temperatures and wind chills are forecasted.

Helsinki, Tyumen State Universities to form Arctic station

Within the framework of the international project Reeh, Tyumen State University in cooperation with the University of Helsinki are planning to create a unique Arctic observation stations.

Offshore Energy

Premier Oil and Rockhopper Abandon Ocean Rig Contract

Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, cancelled a joint venture contract with Ocean Rig UDW.

US Oil Drillers Cut Rigs to Least in 6 Years

U.S. energy firms this week cut oil rigs for an eighth week in a row to the lowest levels since January 2010, data showed on Friday, as energy firms continue to

Eni, Exxon, Statoil Win Irish Offshore O&G Licences

The Irish government said on Thursday it had awarded oil and gas licences to companies including oil majors Eni, Exxon and Statoil , allowing them to explore for hydrocarbons off the coast of Ireland.

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.1080 sec (9 req/sec)