SEACOR Marine Announces Appointment to the Board of Directors
20 September 2024 - 7:11AM
SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR
Marine”), a leading provider of marine and support transportation
services to offshore energy facilities worldwide, today announced
that it has expanded its Board of Directors (the “Board”) from five
(5) to six (6) members and that Lisa P. Young has been appointed as
an independent member of the Board.
Ms. Young is a seasoned professional with 36
years of cross-sector, international experience in public
accounting and professional services. As a retired senior partner
with Ernst & Young, Ms. Young has served in a number of
leadership roles, most recently serving as a Senior Global Client
Service Partner until her retirement in 2021. Since December 2023,
Ms. Young has served as a member of the board of directors, and as
the audit committee chair and member of the nominating and
governance committee, of Valo Health, Inc., a privately held
technology company focused on using data and artificial
intelligence to discover and develop therapeutics. Since January
2022, Ms. Young has served as a member of the board of directors of
Accelus Inc., a privately held medical technology company, where
she also serves as the chair of its audit and finance committee and
a member of its nominating and governance committee. From May 2022
until March 2024, Ms. Young served as a member of the board of
directors, the audit and risk committee, and the compensation
committee of Textainer Group Holdings Limited, a leading intermodal
container lessor that was listed on the NYSE until the company was
taken private in March 2024. Ms. Young also serves as the
advancement chair of the board of trustees for the Columbus Museum
of Art, a member and finance chair of the board of directors of the
Dallas Black Dance Theatre and for FringeArts in Philadelphia, and
a member of the Texas Tech University Rawls College of Business
advisory council. Ms. Young is a Certified Public Accountant and
holds a BBA in Finance and Accounting from Texas Tech
University.
Andrew Morse, the Company’s Chairman of the
Board commented, “On behalf of the Board, I extend a warm welcome
to Ms. Young. Ms Young brings a wealth of knowledge and experience
as well as a proven track record of successful leadership. We look
forward to working with her towards the Company’s continued
success”.
SEACOR Marine provides global marine and support
transportation services to offshore energy facilities worldwide.
SEACOR Marine operates and manages a diverse fleet of offshore
support vessels that deliver cargo and personnel to offshore
installations, including offshore wind farms; assist offshore
operations for production and storage facilities; provide
construction, well work-over, offshore wind farm installation and
decommissioning support; carry and launch equipment used underwater
in drilling and well installation, maintenance, inspection and
repair; and handle anchors and mooring equipment for offshore rigs
and platforms. Additionally, SEACOR Marine’s vessels provide
emergency response services and accommodations for technicians and
specialists.
Certain statements discussed in this release as
well as in other reports, materials and oral statements that the
Company releases from time to time to the public constitute
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Generally, words such as
“anticipate,” “estimate,” “expect,” “project,” “intend,” “believe,”
“plan,” “target,” “forecast” and similar expressions are intended
to identify forward-looking statements. Such forward-looking
statements concern management’s expectations, strategic objectives,
business prospects, anticipated economic performance and financial
condition and other similar matters. Forward-looking statements are
inherently uncertain and subject to a variety of assumptions, risks
and uncertainties that could cause actual results to differ
materially from those anticipated or expected by the management of
the Company. These statements are not guarantees of future
performance and actual events or results may differ significantly
from these statements. Actual events or results are subject to
significant known and unknown risks, uncertainties and other
important factors, many of which are beyond the Company’s control
and are described in the Company’s filings with the SEC. It should
be understood that it is not possible to predict or identify all
such factors. Given these risk factors, investors and analysts
should not place undue reliance on forward-looking statements.
Forward-looking statements speak only as of the date of the
document in which they are made. The Company disclaims any
obligation or undertaking to provide any updates or revisions to
any forward-looking statement to reflect any change in the
Company’s expectations or any change in events, conditions or
circumstances on which the forward-looking statement is based,
except as required by law. It is advisable, however, to consult any
further disclosures the Company makes on related subjects in its
filings with the Securities and Exchange Commission, including
Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and
Current Reports on Form 8-K (if any). These statements constitute
the Company’s cautionary statements under the Private Securities
Litigation Reform Act of 1995.
Please visit SEACOR Marine’s website at
www.seacormarine.com for additional information.For all other
requests, contact InvestorRelations@seacormarine.com
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