Paddy Rodgers, the CEO of Belgium-based tanker firm Gener8, has announced his intention to step down after 18 years with the company. During his tenure, Rodgers converted the family business from having just 17 ships into the largest independent tanker owner in the market, with 73 vessels, having closed a $500m merger with Euronav last year. The soon to be ex-CEO expressed his wish to pursue other opportunities now the merger is complete, but Gener8's chairman, Carl Steen, has said his departure will not mean the company will deviate from Rodgers' strong opposition to the use of open-loop exhaust scrubbers.
Paddy Rodgers, the CEO of Belgium-based tanker firm Euronav, has announced his intention to step down after 18 years with the company. During his tenure, Rodgers converted the family business from having just 17 ships into the largest independent tanker owner in the market, with 73 vessels, having closed a $500m merger with Gener8 last year. The soon to be ex-CEO expressed his wish to pursue other opportunities now the merger is complete, but Euronav's chairman, Carl Steen, has said his departure will not mean the company will deviate from Rodgers' strong opposition to the use of open-loop exhaust scrubbers.