Thomas Thune Andersen is Chairman-elect

21/10/2010

Andersen chosen to succeed Chairman David Moorhouse CBE when he retires at the end of 2010

Andersen chosen to succeed Chairman David Moorhouse CBE when he retires at the end of 2010

Lloyd’s Register’s Board of Trustees has selected Thomas Thune Andersen as the Chairman-elect of the Lloyd’s Register Group, the leading provider of independent assurance and expert advice to the marine, energy, transport and management-systems sectors around the world.
 
Andersen, who was appointed as a Trustee by the General Committee in June, will succeed Chairman David Moorhouse CBE, who is due to retire at the end of the year after serving eleven and a half years as the Chairman of the Group.

The Lloyd's Register Group today reported its annual results to its General Committee, revealing that all business streams -- Marine, Management Systems, Energy and Transportation -- made strong contributions last year despite the adverse market conditions created by the global economic downturn.
 
Group income for the fiscal year to June 30, 2010 dipped slightly to £806 million, against £820 million last year, as all divisions weathered the global financial downturn which had a significant impact on the amount of financing available for large-scale infrastructure projects.

For more details on this story read the press release: LR/29/10