Niels G. Stolt-Nielsen, the chief executive officer of the firm that bears his name, has announced his plans to step down from his role. In a statement, the firm said that he will continue as CEO and as a director on the firm’s board until a successor has been named.
The firm’s plan is that once a suitable replacement is found, Mr. Stolt-Nielsen will become the chairman of the board, subject to shareholder approval, replacing Samuel Cooperman. Cooperman, who has served as chairman since 2016, will remain a member of the board.
