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Twiss steps down as Oldendorff Carriers CEO

marinesalvage by marinesalvage
February 7, 2024
in News
0
Oldendorff Carriers leaders
Oldendorff Carriers leaders

Peter Twiss (left) has been succeeded as Oldendorff Carriers CEO by Patrick Hutchins (proper)

Effective in the present day, Patrick Hutchins has succeeded Peter Twiss as president and CEO of main dry bulk operator Oldendorff Carriers.

The Lübeck, Germany, headquartered firm says that Twiss has determined to step down after serving it for almost 28 years.

His profession began in 1995 at Concept Carriers in 1995, a start-up firm established by proprietor Henning Oldendorff as an working arm with the intention of shifting nearer to cargo purchasers. Twiss shortly rose by way of the ranks and, after working Concept Carriers within the late 90s and being co-CEO of Oldendorff Carriers, he turned its sole CEO in January 2003.

Last yr, the corporate achieved its finest lead to its 102-year historical past and elevated its shore-side employees by round 10%. It cites Twiss as saying, “timing is everything in shipping” and that “another main reason for leaving now is that I have trained and mentored many Oldendorff employees. They have made me very proud, and I want them to have the same opportunities that I had when I was younger. By making room at the top, it gives employees a chance to move up.”

“Thanks to Peter’s leadership and constant coaching, the company is in an excellent shape and running on all cylinders,” stated firm chairman Henning Oldendorff. “Peter chose this moment, making sure he is handing over a robust company.”

Patrick Hutchins brings with him a wealth of expertise, having overseen the industrial groups at Oldendorff Carriers for all trades and all totally different vessel sizes, most lately heading the Capesize phase in London. He joined the corporate in October 1999 and was a founding board member in 2007. The firm says, “it was a natural decision for the board to appoint him as the next CEO. Patrick will relocate to Germany and seeks to expand on Peter’s success.”

“This handover is a celebration for the wonderful things Peter Twiss has achieved in his tenure as CEO at Oldendorff Carriers,” stated Hutchins. “He leaves the company in the best of shape, and I sincerely believe we can build on his achievements to take the company forward.”

Source of This New

Tags: dry bulkHenning OldendorffOldendorff CarriersPatrick HutchinsPeter Twiss
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