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Frontline plc (FRO) adds Mikkel Storm Weum to board after Svanevik exit

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Frontline plc reported a change in its board of directors. The company announced that Mr. Ørjan Svanevik has resigned as a Director, and the board expressed appreciation for his contribution during his tenure.

At the same time, Frontline appointed Mr. Mikkel Storm Weum as a new Director. He serves as Investment Director at Seatankers Management Norway AS, overseeing sale and purchase, newbuildings and projects, and brings additional experience from board roles at NYSE-listed Flex LNG Ltd and Star Bulk Carriers Corp, as well as prior senior positions in SFL Management AS and Teekay Offshore.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13A-16 OR 15D-16 UNDER THE SECURITIES
EXCHANGE ACT OF 1934

For the month of February 2026

Commission File Number:  001-16601

FRONTLINE PLC
(Translation of registrant's name into English)

8, Kennedy Street, Iris House, Off. 740B, 3106 Limmasol, Cyprus
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ]     Form 40-F [   ]





INFORMATION CONTAINED IN THIS FORM 6-K REPORT
 
Attached hereto as Exhibit 1 is a copy of the press release issued by Frontline plc (the “Company”) on February 27, 2026, announcing the resignation of Mr. Ørjan Svanevik as a Director of the Company and the appointment of Mr. Mikkel Storm Weum as a Director.






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


 
 
FRONTLINE PLC
(registrant)
 
 
 
Dated: March 3, 2026
 
By:
 /s/ Inger M. Klemp
 
 
 
Name: Inger M. Klemp
 
 
 
Title: Principal Financial Officer
 
 
 
 
 
 






EXHIBIT 1




FRO – Changes to the Board Composition

27.02.2026



Frontline plc (“Frontline” or the “Company”) announces that Mr. Ørjan Svanevik has resigned as Director of the Company. The Board would like to thank Mr. Svanevik for his considerable contribution to the Company during his directorship.

At the same time, the Company announces the appointment of Mr. Mikkel Storm Weum as a Director.

Mr. Weum is employed as an Investment Director in Seatankers Management Norway AS, responsible for Sale and Purchase, Newbuildings and Projects. Mr. Weum is also serving as a director on the Board of NYSE listed Flex LNG Ltd and on the Board of NYSE listed Star Bulk Carriers Corp. Prior to being employed by Seatankers Management AS, Mr. Mikkel Storm Weum served as Senior Vice President, responsible for Business Development in SFL Management AS. Mr. Weum was also employed as Vice President, Head of Commercial in Teekay Offshore working with Shuttle Tankers and Floating Offshore storage. Mr. Weum holds a Master’s degree in Naval Architecture from Newcastle University and a MSc in Shipping Trade and Finance from Cass Business School, City University.


February 27, 2026

The Board of Directors
Frontline plc
Limassol, Cyprus

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.


FAQ

What board change did Frontline plc (FRO) announce in February 2026?

Frontline plc announced that Director Ørjan Svanevik resigned and was replaced by Mikkel Storm Weum. The board thanked Svanevik for his contributions and confirmed Weum’s appointment as a new Director, strengthening the board with his extensive shipping and investment background.

Who is the new Director appointed to Frontline plc (FRO)’s board?

Frontline plc appointed Mikkel Storm Weum as a new Director. He is an Investment Director at Seatankers Management Norway AS and also serves on the boards of Flex LNG Ltd and Star Bulk Carriers Corp, bringing broad experience in shipping, projects, and capital markets.

What experience does Mikkel Storm Weum bring to Frontline plc (FRO)?

Mikkel Storm Weum brings investment and commercial shipping experience, including roles at Seatankers Management, SFL Management, and Teekay Offshore. His responsibilities have covered sale and purchase, newbuildings, projects, and business development, complemented by board positions at NYSE-listed Flex LNG Ltd and Star Bulk Carriers Corp.

Did Frontline plc (FRO) explain why Ørjan Svanevik resigned from the board?

The company stated only that Ørjan Svanevik resigned as a Director and thanked him for his considerable contribution. No additional reasons or circumstances surrounding his resignation were provided in the disclosure beyond this acknowledgement of his service.

What is Mikkel Storm Weum’s educational background relevant to Frontline plc (FRO)?

Mikkel Storm Weum holds a Master’s degree in Naval Architecture from Newcastle University and an MSc in Shipping Trade and Finance from Cass Business School, City University. This combination supports both technical understanding of vessels and financial expertise in global shipping markets.

Is the Frontline plc (FRO) board change linked to any specific transaction or deal?

The disclosure describes only a change in board composition, with the resignation of Ørjan Svanevik and appointment of Mikkel Storm Weum. It does not link these changes to any particular transaction, financing, or strategic deal in the information provided.
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