Global Ship Lease Appoints Thomas Lister as Chief Financial Officer
03 February 2017 - 12:30AM
Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) announced today
that Thomas Lister has been appointed as Chief Financial Officer,
effective April 1, 2017. Mr. Lister will succeed Susan Cook, who
has served as Chief Financial Officer since 2007 and has informed
the Company’s Board of Directors of her desire to step down from
the full-time role. Accordingly, Ms. Cook has agreed to remain with
the Company in a part-time advisory capacity after April 1, 2017.
Mr. Lister has 25 years of experience in the
shipping and ship finance industries. Prior to his 2008 appointment
as Chief Commercial Officer of Global Ship Lease, Mr. Lister was a
Senior Vice President at DVB Bank, a leading global transport asset
financier. Before that, he worked for the German KG financier and
ship owning group Nordcapital (now E.R. Capital Holding) as
Director of Business Development, and in a variety of other
managerial, strategic, and business development roles in
international shipping groups. Mr. Lister is a graduate of the
University of Durham and holds an MBA from INSEAD.
Ian Webber, Chief Executive Officer, stated, “We would like to
thank Susan for her important contribution in establishing Global
Ship Lease and throughout our history as a public company. We are
also pleased to appoint Tom Lister as our new Chief Financial
Officer, a role that he will combine with his commercial
responsibilities. We believe that Tom’s extensive industry
knowledge and nearly a decade of experience at Global Ship Lease
make him ideally suited to help guide the Company in this expanded
leadership role.”
About Global Ship Lease
Global Ship Lease is a containership charter owner. Incorporated
in the Marshall Islands, Global Ship Lease commenced operations in
December 2007 with a business of owning and chartering out
containerships under long-term, fixed rate charters to top tier
container liner companies.
Global Ship Lease owns 18 vessels with a total capacity of
82,312 TEU and an average age, weighted by TEU capacity, at
December 31, 2016 of 12.0 years. All 18 vessels are currently fixed
on time charters, 15 of which are with CMA CGM. The average
remaining term of the charters at December 31, 2016 is 3.9 years or
4.0 years on a weighted basis.
Safe Harbor Statement
This press release contains forward-looking statements.
Forward-looking statements provide the Company's current
expectations or forecasts of future events. Forward-looking
statements include statements about the Company's expectations,
beliefs, plans, objectives, intentions, assumptions and other
statements that are not historical facts. Words or phrases such as
"anticipate," "believe," "continue," "estimate," "expect,"
"intend," "may," "ongoing," "plan," "potential," "predict,"
"project," "will" or similar words or phrases, or the negatives of
those words or phrases, may identify forward-looking statements,
but the absence of these words does not necessarily mean that a
statement is not forward-looking. These forward-looking statements
are based on assumptions that may be incorrect, and the Company
cannot assure you that the events or expectations included in these
forward-looking statements will come to pass. Actual results could
differ materially from those expressed or implied by the
forward-looking statements as a result of various factors,
including the factors described in "Risk Factors" in the Company's
Annual Report on Form 20-F and the factors and risks the Company
describes in subsequent reports filed from time to time with the
U.S. Securities and Exchange Commission. Accordingly, you should
not unduly rely on these forward-looking statements, which speak
only as of the date of this press release. The Company undertakes
no obligation to publicly revise any forward-looking statement to
reflect circumstances or events after the date of this press
release or to reflect the occurrence of unanticipated
events.
Investor and Media Contact:
The IGB Group
Bryan Degnan
646-673-9701
or
Leon Berman
212-477-8438
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