Clarksons has appointed Niamh Staunton as its new CFO, following a selection process by its nomination committee.

She joins the shipping services firm from BP, where she served as the senior vice president, finance and risk in the supply trading and shipping business for the past two and a half years.

Prior to this, Staunton held the role of group treasurer at the oil and gas giant.

Before her tenure at BP, she spent more than 15 years at Morgan Stanley, where she held several senior roles in capital markets.

Staunton replaces Jeff Woyda, who is retiring from his role as CFO and chief operating officer after 19 years at Clarkson in September.

CEO at Clarksons, Andi Case, said: "I am very excited to be able to announce and welcome Niamh to the company and the board as our new CFO. Niamh joins us at an exciting stage in our journey; although we are a company with incredible heritage, turning 175 years next year, we have always been regarded as being at the cutting edge of our markets. Niamh's career to date means she joins us with a huge amount of experience and skill that I think perfectly fit what the company needs to support and execute the next phase of its strategy.

"At the same time, on behalf of the company I would like to extend sincere thanks to Jeff Woyda for outstanding service over nearly 20 years. He has played a pivotal role in shaping the business and contributing to its success. We are immensely grateful for his dedication and leadership, and he will leave a lasting impact. We wish him a very happy retirement."

Staunton added: "I am delighted to join the group at this exciting stage of its journey, building on the strong financial position established over the past two decades and its growth momentum in an industry central to the global economy. I look forward to partnering with Andi, the board, the leadership and the rest of the talented team to drive strategic value, navigate the opportunities ahead, and ensure the Group's continued long-term success."

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