Exhibit 99.1
Navigator Holdings Ltd. Announces Changes to Board of Directors
LONDON, October 26, 2023 – Navigator Holdings Ltd. (“Navigator” or the “Company”) (NYSE: NVGS), the owner
and operator of the world’s largest fleet of handysize liquefied gas carriers, announces the following changes to its board of directors (the “Board”):
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With effect from November 15, 2023, Mr. David Kenwright, the Company’s longest serving independent
director, who joined the Board in March 2007 and served as Chair of the Company’s Nomination and Remuneration Committees, contributing significantly to both, as well as being a committed member of the Company’s Audit Committee, will resign
as a director of the Board, after 16 years of dedicated service; |
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With effect from October 26, 2023, Ms. Janette Marx will join Navigator’s Board as a non-executive director. |
Ms. Marx has significant business experience, with 25
years in the human resources and recruitment industry and is currently the Chief Executive Officer of private equity backed Airswift Group. Prior to joining Airswift Group in June, 2014, Ms. Marx spent 19 years at Adecco Group, where she ran
the technical, engineering, medical and science divisions, as well as overseeing the integration of the Adecco Group finance business lines after the acquisition of MPS Group. Ms. Marx is a member of the board of directors of the American
Staffing Association, Junior Achievement, CEOs Against Cancer, Greater Houston Women’s Chamber of Commerce, and Chair of Houston’s Bauer School of Business’ Business Engagement Committee. Ms. Marx holds a Bachelor of Science in
Business Management and an MBA from Duke University’s Fuqua School of Business.
With these changes, the Company’s Board has increased from
seven to eight members until November 15, 2023, the effective date of Mr. Kenwright’s resignation, upon which the size of the Company’s Board will decrease from eight to seven members.
Dag von Appen, Non-Executive Chairman of the Board, commented:
“On behalf of the Board, I would like to express our sincere gratitude and thanks to David for his many years of steadfast service and his considerable
contributions to the Company, in particular with respect to his role as Chair of Navigator’s Nomination and Remuneration Committees, as well as his many contributions as a member of the Audit Committee. It has been my pleasure and privilege to
work alongside David and to benefit from his support during my time as Chairman. We wish him and his family all the very best for the future.
“I am delighted to welcome Ms. Marx to Navigator’s Board, where she joins us from Houston, home to Navigator’s newest office
location and the Company’s ethylene export terminal joint venture. Janette brings extensive professional experience to the Company which will be a great asset as we build on Navigator’s success for the future. We look forward to working
with her closely during this exciting time for the Company.”