Pieter Bakker, Chairman of the Board of Directors of Bahamas Oil Refining Company International Ltd. said that the Board accepted the resignation of Huizer who resigned to pursue new career opportunities, and thanked him for his leadership, dedication and hard work during the recent dynamic and turbulent period of the company.
Jones will join the company on September 1, 2009 and after a handover period, will formally take over the responsibilities as Managing Director on October 1, 2009.
Jones, a native of Grand Bahamian has been with the Hutchison Whampoa Companies in Freeport for the past 13 years.
He has held a number of key positions and returned to The Bahamas in late 2006 after holding the position of Projects Manager of Finance and Business Development for Hutchison Ports Management in Hong Kong and assigned to Mexico.
Bakker, who retired as Division President of Vopak North America on May 1, 2009 after 12 years of service and joined First Reserves as Chairman of the Board, said the Board is looking forward to working with Jones and wishes him and the completed team at BORCO/Vopak Terminal Bahamas success for the continued challenges ahead.
The Board also announced that Dick Richelle, who served as Managing Director of Vopak Oil Rotterdam, as of May 1, 2009, has been appointed Division President of Vopak North America, replacing Pieter Bakker.
He will be part of the Board and will play an active role in the management of BOR-CO/Vopak Terminal Bahamas. Richelle reports to John Paul Broeders, Chairman of the Executive Board of Royal Vopak.
“We are extremely pleased with the additions to the management team and Board of Directors of BORCO,” Tom Sikorski of First Reserve stated.
“Raymond brings a unique set of experience and skills to the Company and we look forward to his contribution. Pieter and Dick are experienced terminal managers and operators and should add depth and breadth to our Board. All three additions should continue to position BORCO to expand and grow.” Bakker started his career at Vopak as Managing Director of Van Ommeren Tank Terminal Mercosur in Brazil. During his career he successfully developed the regional terminal network as Division President Latin America. Richelle worked in various management positions in Vopak where he started his career 14 years ago. He worked extensively with Bakker in Latin America and views his new assignment as a grand adventure in these interesting and exciting times.
“We are excited about the opportunities that we see at Vopak Terminal Bahamas and are committed to the development of this facility into a world class terminal,” said Richelle.
Vopak Terminal Bahamas is a Joint Venture of First Reserve Corporation and Royal Vopak NV. BORCO/Vopak Terminal Bahamas is an independent storage facility with a capacity of three-million cubic metres, or 20 million barrels, with the possibility of expansion up to five million cubic metres for the storage and handling of crude oil, fuel oil and clean petroleum products from its terminal located just 80 miles of the coast of Florida, and is the largest storage terminal in the Caribbean. Its deepwater jetties can berth the largest-sized vessels. In addition, Vopak Terminal Bahamas offers blending, transshipment and bunkering services.