Peter Livanos-led LNG shipping firm GasLog has appointed a new chief executive after Paul Wogan decided to step down from the position.
GasLog said its board of directors has named Paolo Enoizi as CEO, effective March 10. He currently works as GasLog’s chief financial officer as well as CEO of GasLog Partners.
Wogan has informed the company’s board that he intends to retire from his role as CEO effective March 9.
“Under Paul’s outstanding leadership over the last 10 years, GasLog has grown and developed to become one of the world’s leading LNG shipping companies,” Peter Livanos, chairman of GasLog, said.
“I would like to express our sincere thanks to Paul for all his hard work and dedication to GasLog and wish him all the best in his retirement,” he said.
Wogan will remain in an advisory role until June 30, 2022 to ensure a smooth transition with the new CEO.
Enoizi has been working as GasLog’s COO since April 2019 and as CEO of GasLog Partners since August 2021.
“I have every confidence that Paolo will meet and exceed our expectations, and I am looking forward to working closely with him as he evolves the company in the years to come,” Livanos said.
GasLog’s consolidated fleet consists of 39 LNG carriers out of which four are under construction.
Of these vessels, GasLog owns 21 LNG carriers while three have been sold and leased back by the firm under long-term bareboat charters. The company’s subsidiary GasLog Partners operates the remaining 15 LNG vessels while it sold and leased back one of the carriers.