Euronav NV has announced that, following a professional search and assessment process, the current CFO Hugo De Stoop will succeed Paddy Rodgers as CEO of the Company.
It is anticipated that his new role will commence following a brief handover period which is expected to take place in the course of the second quarter of this year.
The Company has now started a search for a new CFO.
About Euronav
Euronav is an independent tanker company engaged in the ocean transportation and storage of crude oil. The Company is headquartered in Antwerp, Belgium, and has offices throughout Europe and Asia. Euronav is listed on Euronext Brussels and on the NYSE under the symbol EURN. Euronav employs its fleet both on the spot and period market. VLCCs on the spot market are traded in the Tankers International pool of which Euronav is one of the major partners. Euronav’s owned and operated fleet consists of 2 ULCCs, 43VLCCs, 25 Suezmaxes and 2 FSO vessels (both owned in 50%-50% joint venture).