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Pacific Basin Shipping appoints next CFO

Published by
Dry Bulk,

Peter Schulz has been appointed as the Chief Financial Officer of Pacific Basin Shipping Ltd with effect from 21 August 2017 when he shall also become a member of the Company’s Executive Committee.

As previously announced on 9 January 2017, Andrew Thomas Broomhead shall step down from the role of Executive Director and Chief Financial Officer on 20 August 2017.

Broomhead will remain available to the company as a consultant from 21 August 2017 until 31 December 2017 so as to ensure a smooth transition and handover. Broomhead confirms that he has no disagreement with the company’s Board of Directors and there is no matter which needs to be brought to the attention of holders of securities of the Company in respect of his resignation.

The Board has thanked Broomhead for his good service over the years, and welcomed Schulz, expressing its confidence that he will participate enthusiastically in implementing the company’s well-established strategy.

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