GasLog Ltd. and GasLog Partners LP Appoint Richard Sadler as Chief Operating Officer
21 Août 2017 - 2:59PM
MONACO - August 21, 2017 - GasLog Ltd.
(NYSE:GLOG) ("GasLog") and GasLog Partners LP (NYSE:GLOP) ("GasLog
Partners") announced today that, following Graham Westgarth's
retirement from his position as Chief Operating Officer ("COO"),
Richard Sadler has been appointed as COO of GasLog and GasLog
Partners and will take up his new role in September 2017. Graham
was appointed to the GasLog Board of Directors at GasLog's annual
general meeting in May 2017, and will work with Richard to ensure a
smooth transition.
Richard is highly respected throughout the
maritime industry and brings a wealth of shipping experience to
GasLog having served as Chief Executive Officer of Lloyd's Register
Group from 2007 to 2015. During his 8 years as CEO, Lloyd's
Register Group doubled its revenue reaching an annual turnover of
£1.1bn, through 9,500 staff providing compliance and consultancy
services to 60,000 global clients in 78 countries.
Prior to his time as CEO of Lloyd's Register,
Richard worked as a Director of Asset Management for the Royal Bank
of Scotland in the Shipping and Offshore Energy Division. Before
that, Richard held a number of positions at Lloyd's Register
including in Kuwait, Bahrain, Oman and Japan. Whilst in Japan he
oversaw, on behalf of Lloyds Register, the construction of
LNG newbuildings for the North West Shelf project and was the LR
liaison for the Shell LNG vessels operating from Brunei.
Earlier in Richard's career, he was an Engineering Officer in
the Royal Navy before studying Naval Architecture at the University
of Newcastle-upon-Tyne.
Richard is a Fellow of the Royal Academy of
Engineering, where he is also a member of the audit and risk
committee. He holds Honorary Doctorates from the University of
Southampton and the University of Newcastle-upon-Tyne and is a
visiting Professor of Dalian Maritime University. Richard is also a
Trustee and one of the Elder Brethren of Trinity House.
Richard has also held the office of President of the Welding
Institute in Cambridge for three years.
Paul Wogan, GasLog CEO, said, "On behalf of the
Boards of GasLog and GasLog Partners, and the Management team, I am
pleased to welcome Richard to GasLog as COO. His deep understanding
of the shipping sector and his years of relevant operational
experience will make him a huge asset to the company. I would also
like to take this opportunity to thank Graham for his contribution
to GasLog during the past few years of growth and I look forward to
being able to continue to access his experience and wisdom as a
Board member."
Richard Sadler commented, "I am delighted to be
joining GasLog at such an exciting time in the company's evolution.
The LNG and LNG shipping markets are experiencing a period of
considerable growth with significant opportunities and I believe
that GasLog is well placed to take advantage of these
opportunities. I look forward to working with the team to continue
to develop GasLog into a world-class player in the LNG value
chain." About GasLogGasLog is an international owner,
operator and manager of LNG carriers providing support to
international energy companies as part of their LNG logistics
chain. GasLog's consolidated fleet consists of 27 LNG
carriers (22 ships on the water and 5 on order). GasLog also
has an additional LNG carrier which was sold to a subsidiary of
Mitsui Co. Ltd. and leased back under a long-term bareboat charter.
GasLog's consolidated fleet now includes eleven LNG carriers in
operation owned by GasLog's subsidiary, GasLog Partners. GasLog's
principal executive offices are at Gildo Pastor Center, 7 Rue du
Gabian, MC 98000, Monaco.About GasLog PartnersGasLog
Partners is a growth-oriented master limited partnership focused on
owning, operating and acquiring LNG carriers under multi-year
charters. GasLog Partners' fleet consists of eleven LNG
carriers, each of which has a multi-year time charter. GasLog
Partners' principal executive offices are located at Gildo Pastor
Center, 7 Rue du Gabian, MC 98000, Monaco.Contacts:Paul
Wogan Chief Executive Officer, GasLog Ltd.Phone: +44 203 388
3108Andy OrekarChief Executive Officer, GasLog Partners.Phone: +1
212 223 0847Jamie BucklandHead of Investor RelationsPhone: +44 203
388 3116
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