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LONDON - Clarkson PLC (LSE:CKN), a provider of integrated shipping services, announced Tuesday that Chief Financial Officer and Chief Operating Officer Jeff Woyda will retire after serving more than 18 years with the company.
According to a press release statement, Woyda has informed the board of his intention to step down and will serve his 12-month notice period to ensure an orderly transition. The company will conduct a formal search for his successor, considering both internal and external candidates.
Woyda joined Clarkson in 2006 and has been instrumental in the company’s strategic development, including overseeing corporate acquisitions that expanded its global reach and product offerings. During his tenure, the company navigated several challenges including the global financial crisis, the 2014 oil price shock, a cyber-attack, geopolitical uncertainties, and the COVID-19 pandemic.
Andi Case, Clarksons’ CEO, acknowledged Woyda’s contributions to the company’s growth strategy and culture, including his role in establishing The Clarkson Foundation. Case noted that 2024 marked the company’s 22nd consecutive year of dividend growth.
Laurence Hollingworth, who became Chairman in 2022, described Woyda as "an individual of outstanding integrity, dedication and commitment with a powerful work ethic."
In his statement, Woyda expressed mixed emotions about his decision to retire, saying it had been "an honour and privilege" to serve as both CFO and COO. He indicated plans to spend more time with family and pursue personal interests outside of an executive career.
Clarkson PLC describes itself as a provider of integrated shipping services.
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