GasLog said chief financial officer Simon Crowe has tendered his resignation. But he will remain at his post until a replacement has been found,
Crowe’s resignation will be effective as of 30 June. GasLog says Crowe will remain in his current position as the search for his replacement proceeds.
He served in the position since April 2013. He was also chief financial officer of the partnership spin-off GasLog Partners since its inception. Prior to GasLog, Crowe was chief financial officer of offshore services frim Subsea 7, and vice president of strategy and planning for drilling rig firm Transocean.
Peter Livanos, chairman of GasLog, said, “During the years Simon has held the role of CFO at GasLog, he has been instrumental in building a strong finance team and executing a great number of successful capital market transactions, the most significant of which was the IPO of our MLP, GasLog Partners. I would like to wish Simon every success in his continuing career."
Crowe said, "since joining GasLog, I have been part of something very special as we have profitably grown from 10 vessels in 2013 to 28 today. With the company strategically and financially well positioned, I feel the time is now right for me to seek new challenges outside of GasLog and GasLog Partners. I wish the Company well and look forward to watching it flourish."