SEACOR Marine Announces Change in CFO

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SEACOR Marine Holdings Inc. announced that Matthew R. Cenac has stepped down as Executive Vice President and Chief Financial Officer, effective as of April 1, 2018. Mr. Cenac joined SEACOR Marine as Executive Vice President and Chief Financial Officer in June of 2017, and has played a key role in the Company’s transition following its spin-off from SEACOR Holdings Inc. Mr. Cenac will provide consulting services to the Company for a period of six months following his departure in order to assist the Company with the transition of his duties.

With Mr. Cenac’s departure, the Company announced today the appointment of Jesús Llorca as Executive Vice President and Chief Financial Officer, effective as of April 2, 2018. Mr. Llorca has served as the Company’s Executive Vice President of Corporate Development since June 1, 2017 and served as a Vice President of SEACOR Holdings, Inc. from May 2007 to May 2017. Mr. Llorca has over 17 years of industry experience and possesses critical knowledge of the Company’s operations, finances and strategies, as well as a deep understanding of its business segments.

The Company also expects to announce the appointment of a new principal accounting officer over the coming weeks. This individual is expected to work closely with Mr. Llorca in overseeing the Company’s finance operations.

Commenting on today’s announcement, Mr. John Gellert, Chief Executive Officer, said, “On behalf of the entire organisation, I thank Matt for the significant time and effort he expended as the Company transitioned following its spin-off from SEACOR Holdings, and for his many years of service with the SEACOR organisation. We appreciate the leadership and dedication he exhibited during this time and wish him every success in the future.

We are pleased to have Jesús transition to the Chief Financial Officer position. Over the last 10 years, Jesús has been an integral part of all aspects of our business. Most recently, Jesús led the successful closing of the Falcon Global transaction and was a key member of the team developing our plans for participating in the offshore windfarm industry in the U.S., culminating in our announcement last week of a cooperation agreement with Fred. Olsen Windcarrier. I look forward to actively pursuing the Company’s long-term strategy with him and his team and building upon the positive momentum of the Company.

We believe that our executive leadership team, which we expect to soon be enhanced with the appointment of an experienced, highly qualified principal accounting officer, is well-positioned for future success, and I look forward to the continued evolution of our organisation.”

Sea News, April 3