Torbjørn Gjervik appointed Western Bulk CEO

(Posted on 19/06/24)

Western Bulk Chartering AS to has announced the appointment of Torbjørn Gjervik as Chief Executive Officer effective 1 September 2024.

“I am pleased to announce Torbjørn as the new CEO of Western Bulk. He brings vast industry experience, a track record and a strong personal drive to enhance our value creation opportunities as a trading oriented, asset-light dry bulk operator. Torbjørn is a true company man with a Western Bulk pedigree spanning from trainee entry in 2011 to climbing the ladder to the very top. We look forward to continuing to work closely with him and the management team for the further development of Western Bulk,” says Bengt A. Rem, Chairman of the Board of Directors.

Reference is made to the announcement 4 March 2023 with the appointment of Board member Ørjan Svanevik as interim CEO. The Board has conducted a thorough recruitment process and has appointed Gjervik as CEO effective 01 September 2024, with Svanevik continuing in his position as Board member.

Gjervik comes from the position as Head of North Atlantic and has served in several management positions across the Western Bulk global network and offices, including a 7-year span in Singapore where he also served as Managing Director.

“I’m excited to be working on further refining our asset-light trading model, together with great colleagues across the globe. We are on the right path, working smart and hard together as one company to create value for our shareholders and our customers in the dry bulk market,” Gjervik concludes.

Western Bulk is a global dry bulk operator matching cargo with vessels under all market conditions; chartering vessels from various vessel owners and transporting cargo for customers worldwide.