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Directorate Changes

27 Feb 2019 07:00

RNS Number : 1990R
Braemar Shipping Services PLC
27 February 2019
 

 

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

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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