Braemar Shipping Services PLC Board Changes (9071F)
July 18 2019 - 1:00AM
UK Regulatory
TIDMBMS
RNS Number : 9071F
Braemar Shipping Services PLC
18 July 2019
BRAEMAR SHIPPING SERVICES PLC
("Braemar", the "Company" or the "Group")
18 July 2019
Board Changes
Braemar Shipping Services plc (LSE: BMS), a leading
international provider of shipbroking, financial advisory, port and
marine consulting services principally to the shipping and energy
industries, today announces that, after seventeen years with the
Company, James Kidwell, Chief Executive, will retire from Braemar
on 27 July 2019. Until further notice, Braemar's Divisional CEOs
will report directly to the Chairman, Ron Series, who will become
Executive Chairman on an interim basis.
Commenting, Ron Series, Chairman of Braemar said: "James joined
Braemar in 2002 and spent a decade as Group Finance Director before
becoming Chief Executive in 2012. During his time with Braemar he
has played a significant part in the development of the Group,
including the merger with ACM, the acquisition of Naves and most
recently the divestment of the Technical division to Aqualis ASA to
form AqualisBraemar. We thank James very much for his contribution
and wish him well for the future."
James Kidwell commented further: "I have much enjoyed spending a
significant part of my career at Braemar working in the shipping
services industry. Having recently delivered the structural change
we were seeking, I believe it is now the right time to step down. I
wish the talented Braemar team all the best for the future."
For further information, contact:
Braemar Shipping Services
Ron Series, Executive Chairman Tel +44 (0) 20 3142 4100
Nick Stone, Group Finance Director
Peter Mason, Company Secretary
Shore Capital
Robert Finlay / Antonio Bossi / Tel +44 (0) 20 7408 4090
Henry Willcocks
Buchanan
Charles Ryland / Victoria Hayns Tel +44 (0) 20 7466 5000
/ Stephanie Watson / Tilly Abraham
About Braemar Shipping Services plc
Braemar Shipping Services plc is a leading international
provider of shipbroking, financial advisory, port and marine
consulting services principally to the shipping and energy
industries. Founded in 1972, Braemar employs approximately 530
people in 30 locations worldwide across its Shipbroking, Financial,
Logistics and Engineering 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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END
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