Seaspan Announces Senior Management Changes

 

Seaspan Corporation announced that Sai Chu, Chief Financial Officer, has informed of his resignation and retirement from Seaspan effective November 6, 2015, after more than 10 years' of service with Seaspan and related entities.

Gerry Wang, Chief Executive Officer, Co-Chairman and Co-Founder of Seaspan stated, "Sai Chu has been a dynamic contributor to Seaspan's growth over the past decade. We appreciate all the work he has done to lead the financial function of Seaspan. He will be missed, and we wish him all the best in his retirement and future endeavors."

Mr. Chu joined Seaspan in 2005 and held positions in finance before being appointed Chief Financial Officer in 2007. Prior to 2005, Mr. Chu served in finance positions with various companies listed on the Toronto Stock Exchange, after qualifying as a chartered professional accountant, chartered accountant, and chartered professional accountant, certified management accountant.

Seaspan is undertaking a search for a Chief Financial Officer. Mark Chu - Seaspan's Vice President, Corporate Development and General Counsel - will serve as Chief Financial Officer in the interim. Mark Chu joined Seaspan in 2012 following service as a partner with a Vancouver, B.C. law firm and as a tax partner at KPMG LLP. Mark Chu is a member of the British Columbia Bar and is chartered professional accountant, chartered accountant.