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Overseas Shipholding Group Announces Leadership Transition

Overseas Shipholding Group Announces Leadership Transition
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TIN news:   Overseas Shipholding Group, Inc. announced that Christopher Wolf will become the Senior Vice President and Chief Financial Officer of the Company on December 29, 2016, taking over from Rick F. Oricchio. From December 1 to December 29, Mr. Wolf will serve as the Chief Financial Officer of OSG’s subsidiary, Overseas Bulk Ships, Inc.
In addition, Susan Allan has been appointed to serve as Vice President, General Counsel and Corporate Secretary of the Company. Ms. Allan is replacing James D. Small III, who became the Chief Administrative Officer, Secretary and General Counsel of International Seaways, Inc., following the completion of its spin-off from OSG on November 30, 2016. The Company has moved its corporate headquarters to Tampa.
Sam Norton, OSG’s SVP & President and CEO of the U.S. Flag Strategic Business Unit said, “I am pleased to welcome both Chris and Susan to OSG. It is an exciting time in the Company’s history, and their experience and fresh perspective will complement and enhance our existing management team’s strengths and capabilities.”
“This is a pivotal time to be joining OSG, a company with both a rich history and a compelling future,” Wolf said. “I look forward to working with the leadership team to advance the Company’s strategy and drive shareholder value.”
Ms. Allan added, “I am pleased to be part of the OSG leadership team as the Company begins to navigate this next chapter and drive its future success.”
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Christopher Wolf Details
Mr. Wolf has extensive experience as a Chief Financial Officer, having served in this role at several companies—both publicly-listed as well as privately-owned—including most recently at Higher One Holdings, Inc., a publicly-traded provider of technology-based refund disbursement, payment processing and data analytics services to higher education institutions and students, where he worked from 2013 to 2016. Earlier in his career, Mr. Wolf was a Chief Financial Officer at Acxiom Corporation and Catalina Marketing. He began his career at Arthur Andersen, LLP. Mr. Wolf received his B.S. in Accounting from Florida State University and a Master of Accounting from the University of North Carolina. Mr. Wolf is a Certified Public Accountant.
Susan Allan Details
Ms. Allan comes to OSG from Jabil Circuit, Inc., where she was Vice President and Assistant Corporate Secretary since 2009. Jabil is a publicly listed, global electronic and technology solutions company providing design and manufacturing product management services. From 1997 to 2009, she was senior counsel at Tech Data Corporation, also a publicly traded company and one of the world’s largest wholesale distributors of technology products, services and solutions. Ms. Allan has significant experience in corporate governance matters, as well as experience with capital markets offerings and mergers and acquisitions. Ms. Allan received her B.A. from George Mason University and her law degree from the University of Southern California. She is a member of the Bars of Florida and the District of Columbia.
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