Institute Of Chartered Accountants News

Norway based dry bulk shipping company Golden Ocean Group Limited IGOGL) has announced that Ulrika Laurin and James O'Shaughnessy have been elected as new board members.Ulrika Laurin has been the Executive Chairman of ship-owning company Anglo-Atlantic Steamship Co. Ltd. and the Chairman of Laurin Shipping AB, an international ship-management company.She has served as the CFO of Anglo-Atlantic Steamship Co. Ltd. and as Commercial Manager of Laurin Maritime (UK) Ltd. Prior to that, she worked with fund manager Tufton Oceanic Ltd. and with management consultant Karlöf & Partners. She holds a Master of Science degree in Economics and Business Administration from the Stockholm School of Economics.James O'Shaughnessy has been an Executive Vice President…

Rolls-Royce appointed Alan Davies as a Non-Executive Director. He will join the Board with effect from November 1, 2015 and will become a member of the Nominations and Governance Committee, and the Audit Committee. Alan Davies is currently Chief Executive of Rio Tinto's Diamonds and Minerals division. He joined Rio Tinto in 1997 and has held a number of senior positions in Australia, London and the US, predominantly in Rio Tinto's Iron Ore product group where he has served as CFO, Managing Director Global Development and as President International Operations. Alan Davies is a Fellow of the Institute of Chartered Accountants in Australia. Ian Davis, Rolls-Royce, Chairman, said, "I am delighted that Alan Davies will be joining us as a Non-Executive Director.

Alastair Marsh, current CFO at the Lloyd’s Register Group Ltd. (LR), has been appointed as the successor to CEO Richard Sadler who has decided to step down at the end of 2015. Sadler will pass the CEO role to Marsh on October 1, 2015 and commence a formal handover period until the end of December 2015. Simon Nice, currently Group FP&A Director, will take up the role of Interim Group Financial Director during the transition. Following Sadler’s decision to step down as CEO, the LR board of directors conducted a six-month internal and external review of potential successors…

David Ledwidge has been appointed to the position of chief financial officer at Irish Continental Group Plc (ICG).   A Member of the Institute of Chartered Accountants Ireland and a Bachelor of Science graduate from Dublin Institute of Technology, Ledwidge joined ICG from accountants Deloitte in 2006.    Ledwidge has held various financial positions within the group, first as group risk accountant followed by his appointment as Irish ferries financial controller, and in 2013 was appointed Irish ferries finance director.

Teekay LNG Partners L.P. announced that Beverlee F. Park has accepted an invitation to join Teekay LNG's Board of Directors and to Chair its Audit Committee, effective March 11, 2014. Park replaces Robert E. Boyd who retired today from the Teekay LNG Board after serving as a Director and Chair of its Audit Committee since 2005. Park has extensive management and board experience in a variety of industry sectors. She has served at the board, CEO, COO and CFO level in publicly-traded, private and Crown corporations and has experience in an array of operating environments in both the domestic and offshore markets. Park was elected as a Fellow of the Institute of Chartered Accountants of British Columbia in 2012. She has served on and acted as Chair of various audit committees.

Harkand, the international subsea inspection, repair, maintenance and light construction group, has appointed Deborah Stevenson as the company’s new chief financial officer. A former CFO of both private equity-backed and FTSE 250 businesses in engineering and asset rich companies, Stevenson has particular experience of helping rapidly expanding businesses as they prepare for the next stage of growth. A Fellow of the Institute of Chartered Accountants England and Wales and an Associate Member of the Chartered Association of Corporate Treasurers, she will be based in Aberdeen with a remit for Harkand’s global operations. Her initial focus will be on developing the company’s group finance function…

GCT Global Container Terminals Inc. announces new Chief Financial Officer. Michael E. Moore, President and CEO of GCT Global Container Terminals Inc. is pleased to announce the appointment of Chris Davies to Chief Financial Officer effective June 4, 2012. “Chris brings a strong, solid perspective to our financial group with his experience in managing complex capital structure, securing financing, and managing the areas of tax, treasury, and insurance. He will be responsible for…

Gulf Navigation Holding PJSC (DFM: GULFNAV) has announced the appointment of Khalid Karim to the position of Chief Financial Officer  Khalid brings to Gulf Navigation over 30 years of experience in major oil & gas and shipping companies in senior finance roles. He joins the company as it enters a new phase in its substantial expansionary plan where he will assist the company in its continuing growth strategy. A chartered accountant and Fellow of the Institute of Chartered Accountants in England & Wales- Khalid held the post of Group CFO at Emirates National Oil Company (ENOC) where he for over the last 10 years was directly involved in ENOC's shipping companies.

Transocean Ltd. (NYSE:RIG) announced that Ricardo H. Rosa has been named Senior Vice President and Chief Financial Officer, effective September 1, 2009. Rosa will be based in Geneva and will report to Robert L. Long, Chief Executive Officer. Rosa will succeed Gregory L. Cauthen. Rosa is currently Senior Vice President of the company's Europe and Africa Unit (EAU). Previously, he served as Senior Vice President of the company's Asia and Pacific Unit (APU). Prior to that role, he…

Husky Energy Inc. reported net earnings of $126 million ($0.29 per share) in the first quarter of 2002, compared with $192 million ($0.42 per share) in the same quarter of 2001. Cash flow from operations in the same period was $373 million ($0.87 per share), down from $620 million ($1.46 per share) in the first quarter of 2001. Results for 2001 have been restated to reflect the adoption of the recommendations of the Canadian Institute of Chartered Accountants on foreign currency translation. lower natural gas prices in the quarter. heavy/light crude oil differentials and a lower income tax provision. “The first quarter of 2002 was significant for Husky. announced in March,” said John C.S. Lau, President & Chief Executive Officer.