Ihc Merwede Supervisory Board News

IHC Merwede announced that it has appointed Bram Roelse as the company’s new Chief Executive Officer (CEO) with immediate effect as of April 1, 2014. He has taken over this leading role within the company from predecessor Dirk Philips who stepped back in November 2013. Roelse has worked at IHC Merwede for the past 13 years. He was originally appointed as the Managing Director of the company’s business unit IHC Systems. At the end of 2004, he moved to the company’s shipyard at Kinderdijk, where he became Director of the Dredging division.

A decision has been made to maintain the current shareholder structure at IHC Merwede. The IHC Merwede Supervisory Board – in addition to all of the current shareholders – is comfortable with the financial strength of the company for the next year. With the support of JP Morgan and Rabobank M&A, IHC Merwede has carried out extensive research over the past few months into the possibility of broadening the shareholding structure. However, the current situation within the global financial markets has resulted in limited opportunities to achieve this. This means that the current structure will now remain in place for the long term. The IHC Merwede shareholders are: Rabo Capital…