Stolt-Nielsen names new CFO

Norwegian-listed shipping company Stolt-Nielsen has named a new chief financial officer as current CFO retires and is appointed to the company’s board of directors.

The company has named Jan Engelhardtsen to the board of directors as he will retire from his executive role as chief financial officer with more than 40 years of service to the company.

In addition to serving as CFO of Stolt-Nielsen Limited for the last 26 years, Engelhardtsen has held numerous key positions during his career, including president of Stolt Tank Containers.

With the addition of Engelhardtsen as a director, the SNL Board now has seven members, four of which are independent.

Succeeding Engelhardtsen as CFO is Jens Grüner-Hegge, with effect from April 02, 2018. He was previously vice president, corporate finance since 2007, Stolt-Nielsen said in a statement.

Earlier in his 25-year career at Stolt-Nielsen, Grüner-Hegge served as director of tanker projects for Stolt-Nielsen Transportation Group in Rotterdam from 2004 to 2007, where he was responsible for capital investment projects, including the sale and purchase of ships.

Before that, he was general manager, Stolt NYK Asia-Pacific Service (SNAPS), a joint venture chemical tanker company based in Singapore.