US shipbuilder Philly Shipyard has welcomed back Jeffrey Theisen as its new chief financial officer.
The Oslo-listed tanker specialist said Theisen will come in on 8 September, following the death of previous finance chief Brian Leathers last month.
Theisen was CFO between 2007 and 2015.
He was involved in the spin-off of Philly Shipyard from its parent Aker American Shipping and the subsequent listing of the company on the Oslo Axess board.
Theisen was instrumental in securing contract backlog and negotiating financings, investments and other significant transactions, the shipbuilder said.
Since leaving the shipyard, he has held CFO roles at UniTek Global Services and People 2.0.
Steinar Nerbovik, Philly Shipyard chief executive, added: "We are delighted that Jeff is returning to our team as CFO.
"His familiarity with the shipyard, its operations and its people will accelerate a smooth transition and keep the shipyard moving forward."
Leathers had joined in 2019
Theisen joined Philly the first time around after stints at Arthur Andersen and Regulus Group.
Leathers, who was 60, joined the Philadelphia-based yard in early 2019 as its strategy and compliance officer and was promoted to the post of finance chief that July.
He had previously been the chief financial officer at Austal USA, Australian shipyard group Austal's US yard in Mobile, Alabama.
Philly Shipyard spent a chunk of 2019 languishing after its orderbook dried up.
The company said in March last year that it was exploring taking on government contracts and, in August, made two deals to repair ships owned by the US Maritime Administration and managed by TOTE Maritime.
The yard then secured a contract to build five merchant marine training vessels for the US government, which it contracted with TOTE to build.
