Siem CEO Idar Hillersøy tendered his resignation. Hillersøy was appointed to the position in August 2015. His offshore supply vessel management and project management experience comes from prior work for Simon Møkstar Shipping, Seabrokers, Norwegian Contractors, and Stolt Offshore. Hillersøy will be replaced by Bernt Omdal, Siem's current head of chartering. Omdal was appointed as head of chartering in July 2011. He has more than 20 years of experience within the maritime industry, working in chartering, operations, and shipbroking.