The Board of Directors of Stolt-Nielsen Limited announced the passing of Christer Olsson, Chairman of the Board. He was 70. Mr. Olsson had served as a Director of the Company since 1993, and as Chairman of the Board since December 15, 2009, when he succeeded Jacob Stolt-Nielsen, the company's founder. The Board of Directors will elect a new chairman at the Company's Annual General Meeting in April 2016.
"For more than two decades, Christer provided constructive guidance and thoughtful insights to Board discussions, helping the Company to capitalize on opportunities as well as overcome challenges," said Niels G. Stolt-Nielsen, Chief Executive Officer. "Christer has been a trusted support to me since he first was elected to the Board. His presence will be greatly missed."