Stolt-Nielsen S.A. announced that Samuel Cooperman has been appointed to the Board of Directors of the Company in order to fill the current vacancy on the board. Cooperman will be nominated for re-election at the Company's 2009 Annual General Meeting. With Cooperman's appointment, the number of SNSA directors remains at seven.
Cooperman joined Stolt-Nielsen in 1974 and has held a number of senior management positions, the most recent being Chairman and Chief Executive Officer of Stolt-Nielsen Transportation Group. He retired in 2003. Cooperman is currently Chairman of SeaSupplier, an e-procurement company in the marine and offshore industries. He has held directorships at numerous organisations and currently serves as a director at New York Cruise Lines and the International Chamber of Shipping, where he was previously Vice-Chairman.
Cooperman holds BS and MS degrees in electrical engineering from Columbia University and from the Graduate School at the University of Pennsylvania, respectively, and an MBA from Temple University. He is a citizen of the United States.
"Sam Cooperman brings to the SNSA board a wealth of knowledge and experience in our business, information technology and consulting," said Jacob Stolt-Nielsen, Chairman of the Board of Stolt-Nielsen S.A. "He is a welcome addition to our board."
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