Kelleher to Succeed Tivnan as Ardmore Shipping CFO

© Jan Verhoog /

© Jan Verhoog/

Tanker owner/operator Ardmore Shipping Corporation on Wednesday revealed the prepared separation of its existing principal economic police officer Paul Tivnan as well as visit of brand-new CFO Bart Kelleher, efficient September 28, 2022.

Anthony Gurnee, Ardmore’s president, stated, Kelleher as well as Tivnan will certainly overlap as well as interact from September 1 to “achieve an orderly and well-planned transition”.

Kelleher gives the function greater than 25 years of dynamic experience in the maritime, financing, power as well as industrials industries, having most lately acted as president ofChembulk Tankers He formerly acted as both Chief Strategy Officer as well as Chief Financial Officer of the company, as well as before that, was the principal running police officer ofPrincipal Maritime Management He likewise operated as acting CFO throughout the firm’s startup as well as first development stages. In enhancement, Kelleher has actually held duties in financial investment financial, industrial financial, equity research study as well as resources markets in the maritime as well as energy-related sectors at Bear Stearns as well as HSHNordbank Earlier in his profession, he acted as a deck police officer onboard U.S.-flag petroleum vessels as well as held monitoring settings in both the cruise ship sector as well as with a leading marine style company. Kelleher holds an MBA from Columbia Business School, an MS in Ocean Systems Management from Massachusetts Institute of Technology, as well as a remain in Naval Architecture fromNew York Maritime College Kelleher acts as an Advisory Board Member to OrbitMI, a cutting-edge innovation company offering progressed AI-based fleet efficiency monitoring options.

“Bart brings to Ardmore a wealth of experience in shipping and related industries across many functions, including notable financial sector and CFO experience, as well as his expertise in the chemical sector as CEO of Chembulk Tankers,” Gurnee stated. “We are confident that he will play a pivotal role in driving Ardmore strategically and financially toward even greater future success.”

“After 12 great years at Ardmore, Paul has decided to leave the company to broaden his experience and pursue further ambitions. Paul has been instrumental to what Ardmore has accomplished, from its start-up in 2010, through its IPO on the NYSE in 2013, to our position as a first-class shipping company today. Most recently he concluded the Element 1 and Maritime Partners transactions in mid-2021 and a complete refinancing of Ardmore’s debt on favorable terms. Paul has been a core part of the senior management team and it has been a privilege to work with him over these many years. We wish him the best as he passes the torch and moves on to the next chapter of his career,” Gurnee stated.

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