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Wallem Strengthens Executive Team As Delivering Maritime Solutions Becomes New Way Forward for the Group

15 April 2013
 |  Announcements, Business

Wallem has made two significant appointments to its leadership team as it moves forward with a new positioning strategy and business direction that better reflects the full range of maritime solutions the company provides.

Wallem has appointed a Chief Operating Officer for the Group, and a new Finance Director as the Group continues to evolve and align its operations with its customers’ continually changing needs.

Andrew Stephens, who previously ran the international operations of Wilhelmsen Ship Services and helped them drive through operational efficiencies, has been appointed as the Group’s Chief Operating Officer, a new position in the Group. Andrew will ensure that the Group operates smoothly in providing solutions to its wide range of customers and across all of its markets.

Completing the new appointments is Paul Moore. He joins as the Group’s new Finance Director, replacing Nick Tonkinson, who retires this year from Wallem after 14 years with the Group. In close collaboration with the company’s Group Financial Controller and Divisional Financial Controllers, Paul will work to make finance a strategic advantage for Wallem across the Group.

“Andrew Stephens and Paul Moore will all play a critical role in executing Wallem’s strategy and leading the Group to success as we continue to evolve and move forward with our services and customers,” said Simon Doughty, Wallem Group Managing Director, “I would also like to thank Nick Tonkinson for his service to the Group, he has been essential in Wallem’s successes over the last decade”.

“Although Wallem is principally known as a ship management company we, in fact, provide a full suite of maritime solutions, ranging from ship agency services to broking and commercial services to IT Services and outsourcing,” said Mr. Doughty. “As the industry continues to face challenges in the wake of the economic downturn, customers seeking competitive solutions can benefit from Wallem’s diverse offerings. These offerings can be delivered individually or as a package.”

“Now in our 110th year of operation, we have a proud heritage of continually developing and expanding our portfolio of services to meet the future needs of the maritime industry and are now the most established diversified maritime solutions companies in the world. This is a strong position and a point of difference from many of our competitors,” said Mr. Doughty.

Wallem’s new business direction has already led to a number of new initiatives, which include:

  • Marine buying services, through which Wallem delivers procurement expertise to a wider client base

  • Contract catering, which helps deliver healthier food for seafarers and which reduces the workload for officers and superintendents

  • SeaSafe marine lifeboat servicing and testing, which ensures the delivery of better solutions for managing onboard safety

  • New website that reflects the Group’s new positioning and the full array of maritime solutions it delivers (see the new site at www.wallem.com)