- Home
- Investor Relations
- News Room
- Stock Exchange Announcements and Reports
Stock Exchange Announcements and Reports
Change - Announcement Of Resignation Of Chief Financial Officer
BackSep 01, 2022
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Sep 1, 2022 20:14 |
| Status | New |
| Announcement Sub Title | RESIGNATION OF CHIEF FINANCIAL OFFICER |
| Announcement Reference | SG220901OTHRX6JO |
| Submitted By (Co./ Ind. Name) | Mr. Efstathios Topouzoglou |
| Designation | Non-Independent Non-Executive Chairman |
| Description (Please provide a detailed description of the event in the box below) | RESIGNATION OF CHIEF FINANCIAL OFFICER |
| Additional Details | |
| Name Of Person | Markus Wenker |
| Age | 37 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/11/2022 |
| Detailed Reason (s) for cessation | Mr Markus Wenker resigned as the Chief Financial Officer of FSL Trust Management Pte. Ltd. as he has accepted the offer to become Chief Financial Officer of Yinson Production Offshore Pte Ltd. |
| Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? | No |
| Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? | No |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| Date of Appointment to current position | 04/05/2020 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 3 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Financial Officer |
| Role and responsibilities | Mr Wenker had assumed the role and responsibilities of the Chief Financial Officer of FSL Trust Management Pte. Ltd. (as Trustee-Manager of First Ship Lease Trust). |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Nil |
| Present | Please see Appendix 'A' attached. |