SEACOR Names Oivind Lorentzen As Its CEO

The Board of Directors of SEACOR Holdings Inc CKH has named Oivind Lorentzen as the company's Chief Executive Officer (CEO). The company's Board of Directors has also named Blaine V Fogg as the director and member of the Compensation Committee. Charles Fabrikant will continue as the executive Chairman of the Board of Directors. Mr. Fabrikant said, "I am extremely pleased and excited to have the opportunity to share executive responsibilities with Oivind, whose vast experience and background in shipping and industrial businesses, particularly in South America, will enhance our vision and business opportunities worldwide. Oivind's experience will further enable SEACOR to capitalize on our diverse portfolio of businesses, strong balance sheet and global presence." CKH's shares fell 0.25% to $82.92 in after-hours trading. Read more from Benzinga's Company news.