Overseas Shipholding Appoints COO Ian Blackley As CEO

(RTTNews) - Overseas Shipholding Group, Inc. (OSGB) said Tuesday that it has appointed Captain Ian Blackley as President and Chief Executive Officer, effective immediately.

Most recently, Captain Blackley served as Executive Vice President and Chief Operating Officer of the company, and he previously served as its Chief Financial Officer.

In August 2014, Overseas Shipholding announced its search for a new chief executive officer to lead the company's growth efforts after emergence from its Chapter 11 reorganization.

Henry Flinter, Head of the U.S. Flag business, and Lois Zabrocky, Head of the International Flag business, will continue as heads of their respective business units and will report directly to Captain Blackley.

Prior to his roles of Chief Operating Officer and Chief Financial Officer, Captain Blackley was Senior Vice President and Head of International Shipping Operations. He was also Managing Director and Chief Operating Officer of OSG Ship Management (UK) Ltd.

Since joining the company in 1991, Captain Blackley has held numerous operational and financial positions.