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Camillo Eitzen & Co ASA (OSL:CECO) The Eitzen group has grown to become a substantial shipping group over the last decade. With the increasing size of the company it is the time to further strengthening the top management. The Board of Directors will therefore propose at an extraordinary general meeting that Axel Camillo Eitzen is stepping up and elected working chairman of the Board of Directors.
Camillo Eitzen & Co ASA (CECO) is proud and honoured to announce that Mr Peter D. Knudsen has accepted the position as new CEO, and will start during the autumn. Peter Knudsen has his background from Banking, Shipbrokering and Corporate Finance. He was Head of Project Finance and Asset based lending, and serves presently as General Manager of Nordea Singapore Branch. Nordea is one of the largest shipping banks in the world, and is prime lender to Eitzen Group.
Axel Eitzen states, "Due to the expansion of the Eitzen Group, we need to further strengthening our top management in order to continue the growth and maintain our professionalism. As a working chairman I will be able to focus on strategic development of all Group companies, as well as hopefully be a resource for special projects and marketing. I am very happy that we have been able to get Peter Knudsen on our team, and am certain that his experience and knowledge will strengthen CECO and position it well for the future. .
Axel C. Eitzen Chief Executive Officer Tel: +47 24 00 61 00
