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Christopher J. Wright Retires from the Stolt-Nielsen S.A. Board of Directors
LONDON, August 27, 2009 - Stolt-Nielsen S.A. (Oslo B?rs: SNI) announced today that Christopher J. Wright will retire from the Board of Directors on September 14, 2009, his 75th birthday.
Mr. Wright previously held the position of President and Chief Operating Officer of SNSA from 1986 to December 2001. He has served as a director of SNSA since May 2002; as the Chairman of the Audit Committee since November 2004 and as the Chairman of the Compensation Committee since June 2004.
"I thank Chris for his dedication and valued contributions to the Company, both as an operating executive and as a director," said Jacob Stolt-Nielsen, Chairman of the Board of SNSA. "His business insight, attention to detail and tenacity will be missed. I wish him a pleasant retirement."
The Company also announced that it intends to commence a search for an additional independent director.
Jan Chr. Engelhardtsen
U.K. +44 (0) 20 7611 8972
Jens F. Gr?ner-Hegge
About Stolt-Nielsen S.A.
Stolt-Nielsen S.A. (SNSA or the "Company") is one of the world's leading providers of transportation services for bulk liquid chemicals, edible oils, acids, and other specialty liquids. The Company, through the parcel tanker, tank container, terminal, rail and barge services of its wholly owned subsidiary Stolt Tankers & Terminals and Stolt Tank Containers, provides integrated transportation solutions for its customers. Stolt Sea Farm, wholly owned by the Company, produces and markets high quality turbot, sole, sturgeon, and caviar. Stolt-Nielsen is currently listed on the Oslo Stock Exchange.