Christopher Boehringer exits Torm board after Oaktree exits stake

TORM plc (NASDAQ: TRMD, NASDAQ: TRMD A) announced that Christopher Boehringer has resigned from its Board of Directors, effective immediately, following Oaktree Capital Management and its affiliates divesting their ownership interest in the company.

Boehringer joined TORM's board in 2015 and served for 11 years. Following his departure, the board comprises Simon Mackenzie Smith (Chair), Annette Malm Justad, Göran Trapp, Jann Brown, and Jacob Meldgaard.

Boehringer said in a statement: "It has been a great privilege serving TORM through numerous transformative events and business cycles. The success of the One TORM platform is a direct result of the enormous contributions from our associates, our management, and our Board, all working in concert to deliver safety, excellence, and value."

Board Chair Simon Mackenzie Smith said: "On behalf of the Board, I would like to express our sincere gratitude to Chris for his dedicated service and invaluable contributions over the past eleven years."

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