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 .
For further details see:
Grindrod Shipping names new CEO and CFO as Griffiths retires