Interbulk Group announces Loek Kullberg as the new CEO

UK – InterBulk, the global intermodal logistics solution provider to the chemical, polymer, food and minerals industries, announces that Koert Van Wissen has decided to retire and step down from his role as Chief Executive Officer of the Company with effect from 30 September 2013 when he will be appointed as a Non-Executive Director of the Company. Mr Louis (“Loek”) Frans Jacob Kullberg will replace Koert as the new Chief Executive Officer of the Company with effect from 1 October 2013.

Koert has spent more than 33 years as a leading figure in the tankcontainer and intermodal operating business, including most recently more than seven years as the founding CEO of InterBulk. Following the acquisition of United Transport Tankcontainers in 2006, the formation of InterBulk Group and the subsequent acquisition of UBC in 2007, Koert integrated the businesses and built the company successfully and profitably to become a global leading provider of Intermodal logistics solutions.

Mr Kullberg will join the Company on 1 September 2013 as Chief Executive designate, and subject to an amendment to the Company’s Articles of Association to be approved by shareholders in general meeting (further details of which are set out below), will join the Board and be appointed as Chief Executive Officer with effect from 1 October 2013.

Loek Kullberg, a Dutch national, has extensive experience in the international maritime and transport industry and in the development and expansion of businesses. Most recently he was Divisional Director of Towage at Royal Boskalis and Managing Director of Harbour Towage and Terminals at SMIT International, where over the last nine years he expanded the business and doubled turnover in existing and new organisations within the group. Prior to joining SMIT International in 2004, Mr Kullberg held various positions at DHL and Royal Nedlloyd where he was Managing Director of Danzas Chemicals and its predecessor Nedlloyd Road Cargo from 1996 until 2004. During that period he was accountable for all international chemical transport and distribution services. Prior to 1996 he was Managing Director Europe and Africa and a member of the Executive Committee of Nedlloyd Lines, for which he also worked and lived abroad for ten years in the Middle East, West Africa and the Far East.

David Rolph, Non-Executive Chairman of InterBulk, commented:

“Koert has been the CEO of the InterBulk Group since its formation in 2006. During that time he has managed the group with great energy and leadership through some challenging economic times and has been instrumental in the creation of a market leading global intermodal logistics business. While Koert is stepping back from the day to day management, we are delighted that we will continue to be able to draw on Koert’s experience and network to support the further development and expansion of the InterBulk Group, as he remains on the Board as a Non-Executive Director.

“After an extensive search programme, we are delighted that Loek is joining us to lead the InterBulk Group in its next phase of development. Loek brings significant experience in the logistics field and organisational development which will support the delivery of our strategy in the future.”

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