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SENATOR LINES REVAMPS EXECUTIVE BOARD

SENATOR LINES REVAMPS EXECUTIVE BOARD

   Senator Lines, the Bremen-based container shipping line owned by the Hanjin group, has reshuffled its executive board and reduced it from four senior executives to three.

   Hyo Keun Ko has stepped down as president of the company and left its executive board.

   Sung Hoon Lee has also left his former position as vice president of corporate services and executive board member.

   In June, Jan Steffens, former executive vice president, also left Senator and its executive board.

   Bo Young Lee will continue as a member of the executive board, but will take over the former duties of Sung Hoon Lee in addition to his position as executive vice president of corporate finance and accounting.

   Hans-Hermann Mohr and Chan Hee Won have joined the company’s executive board, effective July 1. They have been appointed joint chief executive officers and co-managing directors.

   Hanjin Shipping, of Korea, is the majority shareholder of Senator.