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27 Feb 2019 07:00
27 February 2019
BRAEMAR SHIPPING SERVICES PLC
("Braemar", the "Company" or the "Group")
Appointment of Non-Executive Director
and
Confirmation of Finance Director Joining Date
Braemar Shipping Services plc (LSE: BMS), a leading international provider of broking, financial, consultancy, technical and logistics services to the shipping, marine, energy, offshore and insurance industries, is pleased to announce that Steve Kunzer has been appointed as a non-executive director with effect from 26 February 2019. Steve will also join the Company's Audit, Nomination and Remuneration Committees.
Steve has extensive experience of shipbroking and global shipping markets, with a career of over thirty years working in London and the Far East. Most recently, he served as the Chief Executive Officer of Eastern Pacific Shipping Pte Ltd, prior to which he was managing director of Tanker Pacific Management (Singapore) Pte Ltd. He began his career with P&O and has also held a number of management positions over seven years working for Zodiac Maritime Agencies Ltd.
James Kidwell, Chief Executive of Braemar said: "We are very pleased to welcome Steve to the Board. Steve brings with him a wealth of experience in the shipping industry, which we are confident will benefit us as we continue to grow and develop our core business."
Further to its announcement on 13 December 2018, the Company is pleased to confirm that Nick Stone is due to be appointed to the Board and commence his role as Finance Director from 1 April 2019.
The Company is also continuing its process to appoint a new Non-Executive Chairman and a further announcement will be made in due course.
Listing Rule 9.6.13 disclosures
Braemar confirms that there are no disclosures to be made in respect of Steve for the purposes of Listing Rule 9.6.13.
-ENDS-
For further information, contact:
Braemar Shipping Services | |
James Kidwell, Chief Executive | Tel +44 (0) 20 3142 4100 |
James Hayward, Interim Chief Financial Officer Peter Mason, Company Secretary | |
Stockdale Securities | |
Robert Finlay / Antonio Bossi / Henry Willcocks | Tel +44 (0) 20 7601 6100 |
Buchanan | |
Charles Ryland / Stephanie Watson / Matilda Abraham | Tel +44 (0) 20 7466 5000
|
Notes to Editors:
About Braemar Shipping Services plc
Braemar Shipping Services plc is a leading international provider of knowledge and skill-based services to the shipping, marine, energy, offshore and insurance industries. Founded in 1972, Braemar employs approximately 750 people in more than 60 locations worldwide across its Shipbroking, Technical, Logistics and Financial divisions.
Braemar joined the Official List of the London Stock Exchange in November 1997 and trades under the symbol BMS.
For more information, including our investor presentation, visit www.braemar.com
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