People: Pacific Basin Shipping Ltd (2343.HK)
13 Dec 2019
Mr. Peter Schulz serves as Chief Financial Officer, Executive Director of the Company with effect from 30 July 2018. He graduated from the Stockholm School of Economics in 1996 with a Master of Science in Economics and Business Administration (major in Finance), having also attended an exchange program in International Marketing and International Business at the Erasmus University Rotterdam School of Management in 1993. He started his career with Enskilda Securities, Stockholm from 1996 to 1998 before spending six years with Dresdner Kleinwort in London in various M&A and corporate finance roles. From 2004 until 2006 he served as corporate finance partner with financial advisory firm Vencom based in Stockholm and London. He then joined ABN AMRO / The Royal Bank of Scotland, initially as director of telecom, media and technology banking in London from 2006 to 2008 and then as executive director and head of energy based in Hong Kong from 2008 to 2011. He subsequently joined Royal Bank of Canada Capital Markets as managing director and co-head of natural resources based in Hong Kong. He served as chief financial officer of Kuala Lumpur-based exploration and production startup Matrix Capacity Petroleum from 2012 to 2015, and BW Pacific Limited, a product tanker company based in Singapore, from August 2015 to July 2017. Mr. Schulz joined Pacific Basin in August 2017 as the Group’s Chief Financial Officer and is a director of four wholly-owned subsidiaries of the Company. Mr. Schulz has entered into a variation letter to his current employment agreement, under which he has agreed to hold office for a period of three years (subject to retirement by rotation at the annual general meeting of the Company in accordance with the Bye-laws of the Company) commencing from 30 July 2018. In addition, Mr. Schulz will continue to serve as the Chief Financial Officer and a member of the Executive Committee of the Company.
|Total Annual Compensation, USD||745,000|
|Restricted Stock Award, USD||--|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||478,000|
|Fiscal Year Total, USD||1,223,000|