Former Torm CFO got USD 1.75 million golden handshake

Torm's former CFO, and one of the key people behind the carrier's restructuring plan, Roland M. Andersen, triggered a clause that brought him USD 1.75 million when the company got new owners.

When Roland M. Andersen, Torm CFO until October 2013, left the company, he triggered a clause in his contract that brought the chief financial officer a USD 1.75 million golden handshake.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs