Navios Maritime Holdings Inc. Appoints Lori Chan as Senior Vice President and Leader of Risk Management Group
September 12 2006 - 8:00AM
PR Newswire (US)
PIRAEUS, Greece, Sept. 12 /PRNewswire-FirstCall/ -- Navios Maritime
Holdings Inc. ("Navios") (NASDAQ:BULKNASDAQ:BULKUNASDAQ:BULKW), a
vertically integrated global shipping company specializing in the
dry-bulk shipping industry, announced today that Ms. Lori Chan has
joined the company as Senior Vice President and Head Market Risk
Management. Chan joins Navios from the Hess Corporation, where she
was Vice President of Energy Risk Management and corporate officer.
Ms. Chan was employed at Hess for 25 years. At Hess Corporation,
Ms. Chan was responsible for financial energy hedging and trading.
She played a key, leadership role in developing and expanding
capabilities in listed futures and options, OTC derivatives,
hedging and trading, and risk management functions. "Lori's depth
of experience as a Risk Management professional and corporate
officer will add significant value to our team," said Ms. Angeliki
Frangou, CEO and Chairman of Navios. "We look forward to Lori's
leadership and development of our risk management group." Chan
holds a Bachelor of Science degree in Finance and Management from
New York University, is a member of Beta Gamma Sigma, the National
Honor Society in Business and Management, and holds an MBA from New
York University's, Leonard N. Stern School of Business. About
Navios Maritime Holdings Inc. Navios is a vertically integrated
global seaborne shipping company, specializing in the worldwide
carriage, trading, storing, and other related logistics of
international dry bulk cargo transportation. For over 50 years,
Navios has worked with raw materials producers, agricultural
traders and exporters, industrial end-users, ship owners, and
charterers. Navios also owns and operates a port/storage facility
in Uruguay and has in-house technical ship management expertise.
Navios maintains offices in Piraeus, Greece, South Norwalk,
Connecticut and Montevideo, Uruguay. Navios's stock is listed on
the NASDAQ's National Market System where its Common Shares, Units
and Warrants trade under the symbols "BULK", "BULKU", "BULKW."
Risks and uncertainties are described in reports filed by Navios
Maritime Holdings Inc. with the United States Securities and
Exchange Commission. Safe Harbor This press release may contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 about Navios Maritime
Holdings Inc. (Navios). Forward looking statements are statements
that are not historical facts. Such forward-looking statements,
based upon the current beliefs and expectations of Navios's
management, are subject to risks and uncertainties, which could
cause actual results to differ from the forward looking statements.
The information set forth herein should be read in light of such
risks. Navios does not assume any obligation to update the
information contained in this press release. Public & Investor
Relations Contact: Navios Maritime Holdings Inc. Investor Relations
212-279-8820 DATASOURCE: Navios Maritime Holdings Inc. CONTACT:
Investor Relations for Navios Maritime Holdings Inc.,
+1-212-279-8820,
Copyright
Navios Maritime (NASDAQ:BULKU)
Historical Stock Chart
From Jun 2024 to Jul 2024
Navios Maritime (NASDAQ:BULKU)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Navios Maritime Hlds Wrts (MM) (NASDAQ): 0 recent articles
More Navios Maritime Hlds Units (MM) News Articles