FRO – Transition of Chief Executive Officer

Oct 08 2020


Frontline Ltd. yesterday announced that Robert Hvide Macleod, Chief Executive Officer of Frontline Management AS, has decided to step down from his position.

The Board has appointed Lars H. Barstad, Frontline’s Commercial Director, to take the role as Interim Chief Executive Officer of Frontline Management AS. With his solid background within the industry and his profound understanding of the Company and its organization the board is confident that this new appointment will ensure a successful and seamless transition of the role. Mr. Macleod will be available for the company till April 30th, 2021.

 

“I would like to thank Robert for his contribution to Frontline. He has led the Company through a period of significant fleet growth and renewal,” said John Fredriksen, Chairman of Frontline. I wish Robert continued success in his future endeavors.”

 

“I have thoroughly enjoyed the last six years at Frontline, working with a great team through often volatile market conditions,” said Mr. Macleod. “The organization is best-in-class, and Frontline’s scale and presence in the tanker industry is unrivaled. I am grateful to the Board of Directors for the opportunity to lead the Company over the last six years and would like to express my sincere gratitude to my friends and colleagues who have contributed to Frontline’s success during my tenure.”

 

“I am grateful that the board has given me the trust to take the role as Interim CEO of Frontline after having served with the company for five years in various positions. It is exciting times ahead in the tanker market in which I will do my utmost to make sure that Frontline continue building shareholders value” said Lars H. Barstad.

 



Related News

Jens Martin Jensen appointed CEO of Athenian Holdings

(Oct 07 2020)

Athenian Holdings are pleased to announce they have appointed Jens Martin Jensen as their Chief Executive Officer.



The 8 biggest mistakes that Maritime professionals make when applying for jobs

(Sep 17 2020)

A free webinar provided by The CV & Interview Advisors in partnership with The Nautical Institute.



Maersk Tankers hires Eva Birgitte Bisgaard as its new Chief Commercial Officer

(Aug 13 2020)

Maersk Tankers has appointed Eva Birgitte Bisgaard as its Chief Commercial Officer (CCO), as the company continues to strengthen its service to its partners and customers.



Psychometric assessment for crew recruitment

(Aug 06 2020)

Psychometric assessment can be useful in crew recruitment in finding people with the right behaviour social skills and leadership abilities. A managing director of a crewing agent explains how it can work.



ERMA FIRST announces the appointment of their new CTO, Dr. Stelios Kyriacou

(Jul 30 2020)

ERMA FIRST is pleased to announce its new Chief Technical Of¬cer, Dr. Stelios Kyriacou. Stelios is a senior maritime executive who brings a wealth of experience to the team, spanning 30 years on design, innovation and applied R&D.



October 2020

Seafarer morale and safety - Neste and vessel performance - Maersk''s ZeroNorth