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Navigator Gas Announces Change to Board of Directors

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Navigator Gas (NYSE: NVGS), the world's largest handysize liquefied gas carrier fleet operator, announced a change to its Board of Directors. Yngvil Åsheim, who joined the Board in June 2023 as a BW Group Limited designee, will resign effective June 16, 2025. Åsheim served on the Company's Compensation and ESG Committees during her tenure. Following her departure, the Board's size will decrease from seven to six members. The Company's Non-Executive Chairman, Dag von Appen, acknowledged Åsheim's contributions and maritime industry expertise over her two-year service.

Navigator Gas (NYSE: NVGS), il più grande operatore al mondo di flotte di trasportatori di gas liquefatto di tipo handysize, ha annunciato una modifica al proprio Consiglio di Amministrazione. Yngvil Åsheim, entrata nel Consiglio a giugno 2023 come rappresentante di BW Group Limited, si dimetterà con effetto dal 16 giugno 2025. Durante il suo mandato, Åsheim ha fatto parte dei Comitati per la Retribuzione e per l'ESG dell'azienda. Dopo la sua uscita, la composizione del Consiglio passerà da sette a sei membri. Il Presidente Non Esecutivo della Società, Dag von Appen, ha riconosciuto il contributo e l’esperienza di Åsheim nel settore marittimo durante i suoi due anni di servizio.

Navigator Gas (NYSE: NVGS), el mayor operador mundial de flotas de transportadores de gas licuado de tamaño handysize, anunció un cambio en su Consejo de Administración. Yngvil Åsheim, quien se unió al Consejo en junio de 2023 como designada de BW Group Limited, renunciará con efecto a partir del 16 de junio de 2025. Åsheim formó parte de los Comités de Compensación y ESG durante su mandato. Tras su salida, el tamaño del Consejo se reducirá de siete a seis miembros. El Presidente No Ejecutivo de la Compañía, Dag von Appen, reconoció las contribuciones y la experiencia en la industria marítima de Åsheim durante sus dos años de servicio.

Navigator Gas (NYSE: NVGS), 세계 최대의 핸디사이즈 액화 가스 운반선 선단 운영업체가 이사회 변동을 발표했습니다. Yngvil Åsheim은 2023년 6월 BW Group Limited 지명인으로 이사회에 합류했으며, 2025년 6월 16일부로 사임할 예정입니다. Åsheim은 재임 기간 동안 회사의 보상 및 ESG 위원회에서 활동했습니다. 그녀의 퇴임 후 이사회 구성원 수는 7명에서 6명으로 줄어듭니다. 회사의 비상임 회장인 Dag von Appen은 Åsheim의 2년간의 임기 동안의 기여와 해양 산업 전문성을 인정했습니다.

Navigator Gas (NYSE : NVGS), le plus grand opérateur mondial de flottes de transporteurs de gaz liquéfié de type handysize, a annoncé un changement au sein de son Conseil d'administration. Yngvil Åsheim, qui a rejoint le Conseil en juin 2023 en tant que désignée de BW Group Limited, démissionnera à compter du 16 juin 2025. Åsheim a siégé aux Comités de rémunération et ESG de la société pendant son mandat. Après son départ, la taille du Conseil passera de sept à six membres. Le président non exécutif de la société, Dag von Appen, a salué les contributions et l'expertise de Åsheim dans l'industrie maritime au cours de ses deux années de service.

Navigator Gas (NYSE: NVGS), der weltweit größte Betreiber von Handysize-Flüssiggasflotten, hat eine Änderung im Vorstand bekannt gegeben. Yngvil Åsheim, die im Juni 2023 als Beauftragte der BW Group Limited in den Vorstand berufen wurde, wird mit Wirkung zum 16. Juni 2025 zurücktreten. Åsheim war während ihrer Amtszeit Mitglied der Vergütungs- und ESG-Ausschüsse des Unternehmens. Nach ihrem Ausscheiden wird die Größe des Vorstands von sieben auf sechs Mitglieder reduziert. Der Nichtgeschäftsführende Vorsitzende des Unternehmens, Dag von Appen, würdigte Åsheims Beitrag und maritime Fachkompetenz während ihrer zweijährigen Amtszeit.

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LONDON, May 09, 2025 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces the following change to its board of directors (the “Board”) with effect from June 16, 2025:

  • Yngvil Åsheim, who joined the Company’s Board in June 2023, as a designee of BW Group Limited, and who served on and contributed significantly to the Company’s Compensation and ESG Committees, resigns as a director.

The size of the Board therefore, will reduce from seven to six members, with effect from June 16, 2025.

Dag von Appen, Non-Executive Chairman of the Board, commented:

“On behalf of Navigator Gas and the Board, I would like to express our thanks and gratitude to Yngvil for her dedicated service and invaluable contributions over the last two years. Yngvil’s extensive maritime industry knowledge and experience have been instrumental in driving our business strategy. We wish her all the best in future undertakings and continued success in all her professional endeavours.”

About Navigator Gas
Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) is the owner and operator of the world’s largest fleet of handysize liquefied gas carriers and a global leader in the seaborne transportation services of petrochemical gases, such as ethylene and ethane, liquefied petroleum gas (“LPG”) and ammonia and owns a 50% share, through a joint venture, in an ethylene export marine terminal at Morgan’s Point, Texas on the Houston Ship Channel, USA. Navigator Gas’ fleet consists of 59 semi- or fully-refrigerated liquefied gas carriers, 28 of which are ethylene and ethane capable. The Company plays a vital role in the liquefied gas supply chain for energy companies, industrial consumers and commodity traders, with its sophisticated vessels providing an efficient and reliable ‘floating pipeline’ between the parties, connecting the world today, creating a sustainable tomorrow.

Navigator Gas’ common stock trades on the New York Stock Exchange under the symbol “NVGS”.

For media enquiries or further information, please contact:

Alexander Walster
Head of ESG & Communications
Email: communications@navigatorgas.com
Verde, 10 Bressenden Place, London, SW1E 5DH, UK
Tel: +44 (0)7857 796 052, +44 (0)20 7045 4114

Navigator Gas Investor Relations
Email: investorrelations@navigatorgas.com, randy.giveans@navigatorgas.com
333 Clay Street, Suite 2400, Houston, Texas, U.S.A. 77002
Tel: +1 713 373 6197, +44 (0)20 7340 4850

Investor Relations / Media Advisors
Nicolas Bornozis / Paul Lampoutis
Capital Link – New York
Tel: +1-212-661-7566
Email: navigatorgas@capitallink.com   

Category: General


FAQ

Why is Yngvil Åsheim leaving Navigator Gas (NVGS) board of directors?

The press release does not specify the reason for Yngvil Åsheim's resignation from Navigator Gas's board of directors, which will be effective June 16, 2025.

How many board members will Navigator Gas (NVGS) have after Yngvil Åsheim's departure?

Following Yngvil Åsheim's departure on June 16, 2025, Navigator Gas's board size will decrease from seven to six members.

When did Yngvil Åsheim join Navigator Gas (NVGS) board?

Yngvil Åsheim joined Navigator Gas's board in June 2023 as a designee of BW Group Limited.

What committees did Yngvil Åsheim serve on at Navigator Gas (NVGS)?

Yngvil Åsheim served on Navigator Gas's Compensation and ESG Committees during her tenure on the board.
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