Inchcape Shipping Services announces CEO transition

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Inchcape_Shipping_Services-150x150Captain Claus Hyldager has decided to step down as Chief Executive Officer of Inchcape Shipping Services.

The current Chief Financial Officer, Chris Whiteside, has been appointed as acting Chief Executive Officer and Captain Hyldager is now serving a period of garden leave and will assist with an orderly handover. A special committee of the ISS Board will oversee the search for a permanent CEO with the assistance of a leading executive search firm.

The ISS Board thanked Captain Hyldager for his invaluable contributions to ISS over the past 20 years, including nine years as CEO. The Board noted that during this time Captain Hyldager developed a global footprint and grew the business to a true multinational market leader in maritime and cargo services which has helped establish a solid foundation for ISS’s future.