Frontline Appoints New Director as Svanevik Steps Down

BenzingaBenzinga
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Key Takeaway

Frontline appoints Mikkel Storm Weum as new director after Ørjan Svanevik's resignation. Weum brings shipping and investment expertise to the maritime company's board.

Frontline Appoints New Director as Svanevik Steps Down

Frontline plc has announced changes to its board of directors, with the resignation of Ørjan Svanevik and the concurrent appointment of Mikkel Storm Weum as a new board member. Weum brings substantial industry expertise, currently serving as Investment Director at Seatankers Management Norway AS while maintaining board roles at Flex LNG Ltd and Star Bulk Carriers Corp.

The appointment reflects the company's continued focus on maritime sector leadership. Weum's background in shipping and investment management positions him to contribute to Frontline's strategic direction during a period of significant industry dynamics.

Frontline plc operates one of the world's largest tanker fleets and has maintained active engagement in optimizing its governance structure to align with operational and strategic objectives.

Source: Benzinga

Back to newsPublished Feb 27

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