Freeport, Grand Bahama - Bahamas Oil Refining Company
International Ltd. (dba Vopak Terminal Bahamas) today announced the resignation
of Mr. Thijs Jan Huizer as Managing Director of BORCO, effective October 1,
2009. The announcement at the same time
named Mr. Raymond Jones, formerly COO at Freeport Container Port as his replacement.
Mr. Pieter Bakker,
Chairman of the Board of Directors of Bahamas Oil Refining Company
International Ltd. said that the Board accepted the resignation of Mr. Huizer
who resigned to pursue new career opportunities, and thanks him for his
leadership, dedication and hard work during the recent dynamic and turbulent
period of the company.
Mr. Jones will join
the company on September 1, 2009 and after a handover period will formally take
over the responsibilities as Managing Director on October 1, 2009.
Mr. Bakker, who
retired as Division President of Vopak North America on May 1, 2009 after 12
years of service and joined First Reserves as Chairman of the Board, said the
Board is looking forward to working with Mr. Jones and wishes him and the
completed team at BORCO/Vopak Terminal Bahamas success for the continued
challenges ahead.
The Board also announced that Mr. Dick Richelle, who
served as Managing Director of Vopak Oil Rotterdam, as of May 1, 2009, has been
appointed Division President of Vopak North America, replacing Mr. Pieter
Bakker. He will be part of the Board and
will play an active role in the management of BORCO/Vopak Terminal
Bahamas. Mr. Richelle reports to John
Paul Broeders, Chairman of the Executive Board of Royal Vopak.
Tom Sikorski of First Reserve stated, “We are extremely
please with the additions to the management team and Board of Directors of
BORCO. Raymond brings a unique set of
experience and skills to the Company and we look forward to his
contribution. Pieter and Dick are experienced
terminal managers and operators and should add depth and breadth to our
Board. All three additions should
continue to position BORCO to expand and grow”.
Mr. Bakker started his career at Vopak as Managing
Director of Van Ommeren Tank Terminal Mercosur in Brazil. During his career he successfully developed
the regional terminal network as Division President Latin America.
Mr. Richelle worked in various management positions in
Vopak where he started his career 14 years ago.
He worked extensively with Mr. Bakker in Latin
America and views his new assignment as a grand adventure in these
interesting and exciting times.
“We are excited
about the opportunities that we see at Vopak Terminal Bahamas and are committed
to the development of this facility into a world class terminal,” said Mr.
Richelle.