London, United Kingdom - June 20, 2012, London, United Kingdom - Braemar Shipping Services PLC, a specialized broking and support services company, announces the appointment of James Kidwell as chief executive officer, effective immediately.
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Mr. Kidwell is Group Finance Director and has worked for Braemar in that role since June 2002. He is Chartered Accountant, formerly Finance Director of Boosey & Hawkes Music Publishers Limited and Group Financial Controller of Carlton Communications PLC.
Mr. Kidwell succeeds Alan Marsh, who will retire as chief executive today and from the board on 31st July 2012.
Mr. Marsh established Braemar Shipbrokers in 1983. He is Fellow of the Institute of Chartered Shipbrokers. His Current external appointments includes: Director of ITIC (professional indemnity club for ship agents, brokers and managers) and President of the Institute of Chartered Shipbrokers. Trustee of Marine Society & Sea Cadets. Mr. Marsh has agreed to continue to play an active role in the Shipbroking division.
In addition, Quentin B. Soanes, following his appointment as Chairman of the Baltic Exchange, will also retire from the board on 31st July 2012 but will remain responsible for the Group's Technical, Logistics and Environmental divisions.
Mr. Soanes has been appointed as Executive Director of Braemar Shipping Services PLC., since January 10, 2007. He has responsibility for Business Development and the Logistics, Technical and Environmental divisions. He has Established Braemar Shipbrokers in 1983. He is the Chairman elect of the Baltic Exchange.
Denis Petropoulos continues as group regional director - Singapore, and executive director of Braemar Shipping Services PLC.
Sebastian Davenport-Thomas becomes managing director of the Shipbroking division, having been head of its sale and purchase department for the past five years. ■
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