Westfal-Larsen Group has announced that 73-year-old Rolf Westfal-Larsen will be stepping down as CEO of the group at the end of this year.
Westfal-Larsen will stay on as a board member and advisor to the group.
Rolf Westfal-Larsen Jr. has been appointed CEO of Westfal-Larsen Management and Westfal-Larsen & Co., owning and operating eight chemical tankers and managing four dry bulk vessels for Saga Wego.
Additionally, Anders Nome Lepsøe has been appointed CEO of Skibsaktieselskapet Navigation, which is the owning company for Westfal-Larsen Management and Westfal-Larsen & Co., Singapore-based Masterbulk, as well as property firm J. Berstad Eiendom and Primozone Production.
Both Westfal-Larsen Jr. and Lepsøe take up their new roles from January 1. Westfal-Larsen Jr. moves from the position of COO while Lepsøe is currently serving as CFO.
