Udo Lange appointed new CEO of Stolt-Nielsen Limited
August 09 2023 - 10:57AM
Udo Lange appointed new CEO of Stolt-Nielsen Limited
LONDON, August 9, 2023 – Stolt-Nielsen has
today announced that after 23 years as Chief Executive Officer,
Niels G. Stolt-Nielsen will step down from his role as CEO on
September 1, 2023, and will assume the role of Chairman of the
Board of Stolt-Nielsen Limited. The Company is pleased to announce
that he will be succeeded as CEO by Udo Lange.
Udo Lange, who will join Stolt-Nielsen as Chief Executive
Officer on September 1, 2023, has more than 20 years of experience
in the international trade industry, with expertise in freight
forwarding, express and parcel logistics and airline catering. Udo
was most recently president of Healthcare, Logistics and Americas
International at FedEx Express, leading a team of more than 50,000
employees across 80 countries. He was also part of the FedEx Senior
Management Committee which sets the strategic direction of the
circa $90 billion revenue enterprise and has held several other
senior roles at FedEx since joining in 2015.
Udo currently serves as a member of the White House Supply Chain
Disruptions Task Force and has been involved in the task force's
Freight Logistics Optimization Works (FLOW) group. He also serves
on the boards of the NASDAQ-listed e-commerce startup Freightos
(CRGO), the German American Chamber of Commerce of the Southern
U.S. and the Memphis Symphony Orchestra and is on the board of
trustees of ‘Operation Finale’, an exhibition in Germany about the
capture of Nazi Adolf Eichmann.
In June 2020, Udo was named one of the ‘Top 10 Logistics
Leaders’ globally by Supply Chain Digital, the industry’s leading
magazine. He holds a Ph.D. in economic science from the University
of Duisburg, Germany and an MBA from the University of
Kaiserslautern, Germany. He is also an alumnus of Harvard Business
School.
For additional information please contact:
Jens F. Grüner-HeggeChief Financial OfficerU.K. +44 (0) 20 7611
8985j.gruner-hegge@stolt.com
Ellie DavisonHead of Corporate CommunicationsUK +44 (0) 20 7611
8926e.davison@stolt.com
About Stolt-Nielsen
LimitedStolt-Nielsen (SNL or the ‘Company’) is a long-term
investor and manager of businesses focused on opportunities in
logistics, distribution and aquaculture. The Stolt-Nielsen
portfolio consists of its three global bulk-liquid and chemicals
logistics businesses – Stolt Tankers, Stolthaven Terminals and
Stolt Tank Containers – Stolt Sea Farm and various investments.
Stolt-Nielsen Limited is listed on the Oslo Stock Exchange (Oslo
Børs: SNI).
This information is subject of the disclosure
requirements pursuant to section 5-12 of the Norwegian Securities
Trading Act.
Forward-Looking StatementsThis
press release contains “forward-looking statements” based on
information available to the Company on the date hereof, and the
Company assumes no obligation to update any such forward-looking
statement. These statements may be identified by the use of words
like “anticipate,” “believe,” “estimate,” “expect,” “intend,”
“may,” “plan,” “project,” “will,” “should,” “seek,” “indicates” and
similar expressions. The forward-looking statements reflect the
Company’s current views and assumptions and are subject to risks
and uncertainties. The Company does not represent or warrant that
the Company’s actual future results, performance or achievements
will be as discussed in those statements, and assumes no obligation
to, and does not intend to, update any of those forward-looking
statements other than as may be required by applicable law.
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