Frontline has gotten a new CEO in Norwegian Robert Hvide Macleod who will become head of the carrier starting November 3rd, says Frontline's Board in corporate statement.
Macleod replaces Jens Martin Jensen, who has spent several years at the head of the table in Frontline as well as Frontline 2012. He has accepted a new position where he will be responsible for acquisitions and sales, newbuildings and other maritime projects in the group, according to the Board. Jens Martin Jensen was also elected onto the Frontline Board of Directors in September 2014.
The new CEO is currently managing director and owner of Highlander Tankers, and before that he worked for Glencore's ST Shipping from 2004 to 2011. Prior to this he spent two years with A.P. Moeller-Maersk. He is 35 years old and lives in Oslo.
Chairman John Fredriksen says the following:
"Through the engagement of Robert Hvide Macleod we have gained a talented individual with in-depth knowledge of both shipping and oil trading. Combined with his outstanding network throughout the tanker industry, we believe this will ensure that the Company remains the driving force in the industry. With Jens Martin Jensen's continuation with the Group and his extensive experience and knowledge I am confident this will continue to help drive the Company forward."