Höegh LNG Partners has concluded its senior leadership succession process.
Steffen Føreid gave notice of his intention to resign as the Partnership's CEO and CFO when the Höegh’s Board of Directors had approved a succession plan.
The effective date for that resignation will be 21st August, 2020, the company said.
As of today, Höegh LNG Holdings Ltd’s President and CEO, Sveinung JS Støhle, has become the Partnership's CEO and Håvard Furu, the CFO of Höegh LNG Holdings, will become the Partnership's CFO.
"I am very happy to take on the role as CEO for the Partnership as we continue to build our position as the preferred provider of FSRU services.
“At a time when the ability to import clean-burning LNG has never been in higher demand, the consolidation of management roles is part of our continuing efforts to streamline and optimise the Group to improve our results and the returns to unitholders.
“We remain dedicated to maintaining our reliable, attractive distribution and to sustaining the Partnership's presence in the US market, and I look forward to working alongside the Partnership's majority independent Board of Directors in the best interests of all HMLP unitholders," Støhle said.
