FRO – Transition of Chief Executive Officer
“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
“I have thoroughly enjoyed the last six years at Frontline, working with a great team through often volatile market conditions,” said
“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
The Board of Directors
Questions should be directed to:
+47 23 11 40 37
+47 23 11 40 76
About
Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. Words, such as, but not limited to "believe," "anticipate," "intends," "estimate," "forecast," "project," "plan," "potential," "may," "should," "expect," "pending" and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although Frontline believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond the control of Frontline, Frontline cannot assure you that they will achieve or accomplish these expectations, beliefs or projections. The information set forth herein speaks only as of the date hereof, and Frontline disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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