Statement from the Board of Directors of Stolt-Nielsen Limited
December 31 2015 - 5:51AM
LONDON, December
31, 2015 - The Board of Directors of Stolt-Nielsen Limited
today regretfully announced the passing of Christer Olsson,
Chairman of the Board. He was 70. Mr. Olsson had served
as a Director of the Company since 1993, and as Chairman of the
Board since December 15, 2009, when he succeeded Jacob
Stolt-Nielsen, the Company's founder. The Board of Directors
will elect a new chairman at the Company's Annual General Meeting
in April 2016.
"For more than two decades,
Christer provided constructive guidance and thoughtful insights to
Board discussions, helping the Company to capitalise on
opportunities as well as overcome challenges," said Niels G.
Stolt-Nielsen, Chief Executive Officer. "Christer has been a
trusted support to me since he first was elected to the Board.
His presence will be greatly missed."
Mr. Olsson also served as Vice
Chairman of Wallenius Lines AB, and as a director of Wallenius
Wilhelmsen Logistics AS, United European Car Carriers (UECC) and
Atlantic Container Line AB. He received his Bachelor of Law
degree from Stockholm University.
Contacts:
Jan Chr. Engelhardtsen
Chief Financial Officer
UK +44 (0) 20 7611 8972
j.engelhardtsen@stolt.com
Jens F. Grüner-Hegge
VP Corporate Finance
UK +44 (0) 20 7611 8985
j.gruner-hegge@stolt.com
About
Stolt-Nielsen Limited
Stolt-Nielsen Limited (SNL or the "Company") is a leading global
provider of integrated transportation solutions for bulk liquid
chemicals, edible oils, acids, and other specialty liquids through
its three largest business divisions, Stolt Tankers, Stolthaven
Terminals and Stolt Tank Containers. Stolt Sea Farm produces
and markets high quality turbot, sole, sturgeon, and caviar.
Stolt-Nielsen Gas develops opportunities in LPG and LNG
shipping and distribution. Stolt-Nielsen Limited is listed on
the Oslo Stock Exchange.
This information is subject of the disclosure
requirements acc. to §5-12 vphl (Norwegian Securities Trading
Act)
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Stolt-Nielsen Limited via Globenewswire
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