Danish loved ones-owned bunker and tanker team United Shipping and delivery & Trading (USTC) is bringing in the founder of one particular of the country’s premier financial investment corporations to improve its board as previous J Lauritzen main Torben Janholt stands down.
Finance and expense pro Jeppe Christiansen, founder of non-public fairness and asset administration company Maj Spend, will sign up for the USTC directors as the team seeks to bolster and diversify its corporation boards.
USTC mentioned the driving pressure guiding the board adjustments comes largely from 2nd-era co-owner Mia Ostergaard Rechnitzer who in 2021 joined as head of company governance, and since May 2022 has held the function of chief governance officer.
“There is no doubt that creating the strategic management of our providers is vital to continue our bold business progress targets specifically thinking of the raising demands for companies to act responsibly, having care of the atmosphere and prioritising equality and variety in the workforce,” she claimed.
The new board will consist of chairman Torben Ostergaard-Nielsen, deputy chairman Klaus Nyborg and Nina Ostergaard Borris, Mia Ostergaard Rechnitzer, Peter Appel and Jeppe Christiansen.
Janholt is leaving following several many years on USTC’s board as the 76-12 months-aged chooses to scale down his board function.
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Peter Korsholm is also leaving the board to go after other troubles, which include a new purpose as chairman of mentioned decoration business Flugger Group.
In June USTC described a doubling of pre-tax earnings to $159m, and the team has expanded into distinct places with the acquisitions of Freja Transportation & Logistics and CM Biomass.
USTC’s shipping firms involve Uni-Tankers and Bunker Keeping.