The Board of Directors of Odfjell SE has appointed Kristian Morch as the company's new CEO/President. He will succeed CEO/President - Tore Jakobsen latest by November 1, 2015. Mr. Morch holds the position as co-CEO of Clipper Group.

He has previously been COO of Maersk Tankers, and has also held other management positions in A.P. Moller-Maersk. Mr. Morch has more than 27 years' experience in the shipping industry of which more than 10 years has been in senior management positions.