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Provider: Wright Reports
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Cargo Carriers Ltd Announces Retirement Of Chairman, Appointment Of New Chairman And Restructuring Of The Joint-CEO function

Thursday, 31 Oct 2013 11:09am EDT 

Cargo Carriers Ltd announced that Mr. Stan Chilvers has decided to retire and so has resigned as Non-executive Chairman and as a director of the Company. Mrs. Sizakele Mzimela has been appointed as Independent Non-executive Chairman of the Company. Also, since 1992 the Company has been led by joint chief executive officers, Mr Murray Bolton and Mr Garth Bolton. Mr G Bolton has recently assumed additional responsibilities outside of Cargo Carriers and has accordingly decided to step down as joint CEO of the Company. He will, however, remain as an executive director of the board, whilst Mr M Bolton will continue to fulfil the role and responsibilities of Chief Executive Officer. 

Company Quote

200.0 +11.11%
19 Dec 2014