Norway’s Stainless Tankers (STST) has named Irene Michael, Tufton’s current finance director, as its new chief financial officer.
Incumbent Erol Sarikaya will step down on 10 January.
“Through her position at Tufton and on STST’s board [Michael] is intimately familiar with our business and ideally placed to ensure a seamless transition of the company’s financial management,” chief executive Alex Karakassis said.
Karakassis will be both CEO and CFO for the interim period between Sarikaya’s departure and the date the new director assumes Michael’s board position at Stainless Tankers.
Stainless Tankers, which was founded and listed in Oslo in 2023, owns 10 stainless steel chemical tankers managed by Tufton.
“Erol has been an integral part of STST since its formation and has done an outstanding job helping the company reach its current position as an efficient and investor-friendly pure-play on the stainless-steel chemical tanker sector,” the company said.
