LBC Tank Terminals has appointed Frank Erkelens as the company’s new Group CEO, effective October 15. He will replace Walter Wattenbergh, who will retire from LBC on September 13. Erkelens’ most recent role was CEO of Odfjell Terminals. 

Haroun van Hövell, Chairman of LBC Tank Terminals, commented: “During nearly five years with the company, Walter has successfully led LBC through a significant turnaround by streamlining the business and refocusing on growth initiatives in order to better serve client needs. We are very grateful to Walter for the many contributions he has made. Having known Frank for many years, I am delighted that he will be joining us as the new CEO. His vast experience, track record and strong reputation will be of great value to LBC. Frank will build on Walter’s legacy and steer the business through the next phase of its strategic development.”

Frank Erkelens commented: “It is a privilege and I am very excited to lead LBC into the next phase of its development and to deliver long-term growth and value creation. Under the leadership of Walter, LBC underwent a substantial turnaround and the company is well positioned to capture the growth opportunities in the markets it is serving. With the support of LBC’s strong shareholders and together with the team at LBC the focus will be on delivering value for LBC’s customers, shareholders, partners and employees, as this will continue to drive LBC’s success and growth in the future.”

Walter Wattenbergh commented: “It was a great pleasure to work with so many talented professionals at LBC and to see the company flourish. I am pleased to leave the organisation in the very capable hands of Frank.”

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16th September 2019