Western Bulk announces interim CEO

The Board of Directors of Western Bulk Chartering AS (Western Bulk, OSE: WEST) today announces the appointment of Board member Ørjan Svanevik as interim Chief Executive Officer (CEO).

Reference is made to the stock exchange notice 15 February 2024, announcing that Hans Aasnæs will step down from his position as CEO of Western Bulk.

The Board of Directors of Western Bulk has appointed Board member Ørjan Svanevik as interim CEO of the company effective immediately. The Board has initiated the process for selecting the permanent CEO.

Svanevik has been a Board member of the company since August 2023, and will continue to serve as a director in parallel with the interim CEO position.

Contacts
For more information, please contact:

Ørjan Svanevik, Board member and Interim Chief Executive Officer
E-mail: os@oavik.no

Kenneth Thu, Chief Financial Officer
Tel: +47 988 74302
E-mail: kenneth.thu@westernbulk.com

About Western Bulk Chartering:
Western Bulk Chartering AS is a major dry bulk shipping operator. The company is privately owned by Kistefos Group (68,7 %), Sayonara AS (former Ojada AS) (8,3 %) and a group of about 1200 other shareholders. Western Bulk Chartering AS is listed on Euronext Growth Oslo. See www.westernbulk.com for more information.