• ITVI.USA
    15,285.540
    -94.080
    -0.6%
  • OTLT.USA
    2.776
    -0.010
    -0.4%
  • OTRI.USA
    21.450
    -0.050
    -0.2%
  • OTVI.USA
    15,256.620
    -93.130
    -0.6%
  • TSTOPVRPM.ATLPHL
    3.300
    -0.240
    -6.8%
  • TSTOPVRPM.CHIATL
    2.950
    -0.020
    -0.7%
  • TSTOPVRPM.DALLAX
    1.440
    0.000
    0%
  • TSTOPVRPM.LAXDAL
    3.310
    0.060
    1.8%
  • TSTOPVRPM.PHLCHI
    2.150
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    3.950
    -0.100
    -2.5%
  • WAIT.USA
    126.000
    1.000
    0.8%
  • ITVI.USA
    15,285.540
    -94.080
    -0.6%
  • OTLT.USA
    2.776
    -0.010
    -0.4%
  • OTRI.USA
    21.450
    -0.050
    -0.2%
  • OTVI.USA
    15,256.620
    -93.130
    -0.6%
  • TSTOPVRPM.ATLPHL
    3.300
    -0.240
    -6.8%
  • TSTOPVRPM.CHIATL
    2.950
    -0.020
    -0.7%
  • TSTOPVRPM.DALLAX
    1.440
    0.000
    0%
  • TSTOPVRPM.LAXDAL
    3.310
    0.060
    1.8%
  • TSTOPVRPM.PHLCHI
    2.150
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    3.950
    -0.100
    -2.5%
  • WAIT.USA
    126.000
    1.000
    0.8%
American Shipper

NIELS STOLT-NIELSEN NAMED CEO OF STOLT-NIELSEN S.A.

NIELS STOLT-NIELSEN NAMED CEO OF STOLT-NIELSEN S.A.

   Niels G. Stolt-Nielsen has been appointed to succeed his father Jacob Stolt-Nielsen as chief executive officer of the Norwegian bulk shipping group Stolt-Nielsen S.A., effective Dec. 1.

   Jacob Stolt-Nielsen, the company’s founder, has held the position of CEO of Stolt-Nielsen S.A. and its predecessor companies for 41 years.

      The company said that the appointment of Niels G. Stolt-Nielsen, 35, as CEO, is part of its long-term management succession plan. Following Christopher J. Wright’s forthcoming retirement at the end of 2001, Jacob B. Stolt-Nielsen will take over his position as chief operating officer.

      Niels G. Stolt-Nielsen worked in the Stolt-Nielsen Transportation Group in Greenwich, Conn., from 1990 to 1994 before transferring to Asia to establish Stolt-Nielsen’s representative office in Shanghai, where he worked for two years. In 1996 he was appointed CEO of Stolt Sea Farm.

   Jacob Stolt-Nielsen will continue to serve as Stolt-Nielsen S.A.’s chairman and as chairman of its principal operating subsidiaries including the publicly traded Stolt Offshore S.A.

   Stolt-Nielsen S.A. is one of the world’s leading providers of transportation services for bulk liquid chemicals, edible oils, acids, and other specialty liquids.

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