Log In

Reset Password

Board changes at Nordic American

Financial services veteran Jenny Chu’s appointment to the board of directors of Bermudian-based Nordic American Tankers Limited, comes at the same time Dallas-based Doug Penick will be leaving to focus his attention on other business, the company said.

The tanker company said it wished to continue a dialogue with Penick and draw on his comprehensive experience, in particular from Wall Street.

Nordic American said Chu has extensive experience of US capital markets and is familiar with the company.

A statement noted: “Most of our ships are built in South Korea and our one million barrel Suezmaxes regularly call South Korean ports.

“Jenny Chu, who is an American citizen living in Los Angeles, speaks Korean and her network in South Korea has been very valuable for NAT through the years.

“The experience of Jenny Chu with her knowledge of NAT, capital markets and Asia is important.”

Chu has more than 25 years of experience in the financial services industry as an elite wealth management specialist.

Jenny Chu: an American with Korean language skills and a network in South Korea has been very valuable for NAT through the years (File photograph)

You must be Registered or to post comment or to vote.

Published March 29, 2022 at 7:03 pm (Updated March 29, 2022 at 7:03 pm)

Board changes at Nordic American

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon