Philly Shipyard ASA (Oslo: PHLY) announced that Jim Miller has been nominated to be Chairman of the Board of Directors of Philly Shipyard. Mr. Miller previously held this role from 2011 until 2014. This nomination is expected to be approved at an extraordinary general meeting on February 1, 2016.
Kristian Rokke, CEO of the Norwegian investment company Akastor, is stepping aside as Chairman of the Philly Shipyard Board. He remarked "I am very pleased that Jim has agreed to return as Chairman given his extensive leadership background and familiarity with Philly Shipyard."
The remainder of the Company's Board of Directors will remain unchanged and consists of Amy Humphreys, Elin Karfjell, and Audun Stensvold.