Atle Knutsen has asked to be released from his responsibilities as President of Odfjell Terminals B.V. effective July 25th, 2012. From the same date Atle Knutsen will take on a new position as SVP/Special Advisor to Odfjell SE. As a consequence we have appointed Åke Gregertsen as President of Odfjell Terminals B.V. for an interim period till a new candidate has been found for the position. Åke Gregertsen has previously held various positions within Odfjell: amongst which as President of Odfjell Terminals (Houston) from 1996 to 2001 and SVP of Odfjell Terminals from 2001 to 2002. He has also recently been connected to Odfjell Terminals B.V. on a consultancy basis. Åke will commence in his new position on July 25th 2012.
For more information please contact Terje Iversen CFO Odfjell SE on + 47 55 27 00 00 or e-mail:email@example.com (mailto:firstname.lastname@example.org)This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Odfjell SE via Thomson Reuters ONE