GRIN - Grindrod Shipping names new CEO and CFO as Griffiths retires

2023-03-20 17:37:49 ET

• Grindrod Shipping ( NASDAQ: GRIN ) on Monday said that effective from March 31, 2023, Stephen Griffiths will be retiring as interim chief executive officer and chief financial officer.
• Griffiths will also retire from his board position at the company.
• The board appointed Edward Buttery as new CEO and Deborah Davel as CFO, effective April 1, 2023.
• Buttery will remain on the board as an executive director but will relinquish his position as a Compensation and Nomination Committee (CNC) member.
• Existing independent non-executive director Cullen Schaar will be appointed as the new CNC chairman effective on April 1, 2023.
• The board appointed Gordon French as an independent, non-executive director and a member of the Audit and Risk Committee (ARC).
• French will be appointed as the new ARC chairman effective on April 1, 2023.
• Also effective from March 31, 2023, Quah Ban Huat and John Herholdt will be retiring as directors of the company.
• Press Release .

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