BW Group’s Helmut Sohmen retires

Helmut Sohmen retired as Chairman of the Board of BW Group and BW Offshore, having served the group for 44 years with 28 years as Chairman.

Sohmen’s son Andreas has been elected as the new Chairman of both companies. He will retain his current role as BW Group CEO until 1 April 2015, when Carsten Mortensen will take on the role of CEO.

These changes are part of a planned leadership transition, BW said in a statement.

Helmut Sohmen comments: “It has been a privilege to oversee BW’s growth from a tanker and dry bulk business to a significant maritime oil and gas player involved in LNG, LPG, crude, products, chemicals and  FPSOs. Andreas has been with BW for the past 15 years and I am confident that under his leadership, the company will continue to grow.”

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Press Release; Image: BW

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