BALTIC Exchange chief executive Jeremy Penn is to step down next summer after 12 years at the helm of the organisation provides maritime market information for trading and settlement of physical and derivative maritime contracts.
"Jeremy advised the board some time ago of his plans and we will of course be sorry to lose him. We are now in a position to launch a formal search for his successor, which will be managed by Odgers Berndtson," said chairman Guy Campbell.
Said Mr Penn: "It has been a privilege to work for the interest of the Baltic, its members and shareholders for the last 12 years and in many ways I shall be sorry to go. However, now is the time to give myself the opportunity to pursue other projects and interests, some of which will certainly be in shipping."
WORLD SHIPPING
30 September 2015 - 21:01
Baltic Exchange's long-serving chief Jeremy Penn to step down
BALTIC Exchange chief executive Jeremy Penn is to step down next summer after 12 years at the helm of the organisation provides maritime market information for trading and settlement of physical and derivative maritime contracts.
WORLD SHIPPING
30 September 2015 - 21:01
Baltic Exchange's long-serving chief Jeremy Penn to step down
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