The Baltic Exchange has announced that its Chief Executive, Jeremy Penn will step down from the position next summer after over 12.5 years in the role.
"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 Guy Campbell, Chairman of the Baltic Exchange.
Jeremy Penn said:
"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."
FTSE Mondo Visione Exchanges Index: 99,899.35 +432.38
Baltic Exchange Announces Planned Departure Of Chief Executive
Date 25/09/2015