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Norden’s head of dry bulk locked for 18 months

Like Jacob Meldgaard, current CEO of Torm and former Head of dry bulk at Norden, Peter Norborg, who is about to resign as head of dry bulk at Norden, is locked by a notice period and a competitive clause for a total of 18 months.

Norden’s soon-to-be former Head of the shipping company’s dry bulk division, Peter Norborg, executive vice president and member of group management, does not look set to starts his new job as COO at the company Gearbulk UK anytime soon.

Norden informed the Copenhagen Stock Exchange late Monday that Peter Norborg is resigning, that he will be freed from his contract within the next two weeks, but also that he will be available for the company till the end of October 2012.

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