Business Context and Reporting Period
This Form 6-K filing by Navigator Holdings Ltd. covers the month of November 2018, with the report dated November 29, 2018. The filing discloses changes to the composition of the Company's Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, liquidity, or other key financial metrics. This report is limited to corporate governance updates.
Material Changes
- Board Resignation: Spiros Milonas resigned as a member of the Board of Directors, effective November 28, 2018. The resignation was not the result of any disagreement with the Company regarding operations, policies, or practices.
- Board Appointment: Dr. Henry Deans was appointed as a member of the Board of Directors, effective immediately on November 28, 2018.
Management Commentary and Background
Dr. Henry Deans brings significant industry experience to the Board. His background includes serving as Executive Vice President and President of the nitrogen division of Nutrien Ltd. (January 2018 to May 2018) and Senior Vice President of Agrium Inc. (August 2015 to December 2017). He also held various CEO positions within INEOS Group Holdings S.A. affiliates from 2006 to 2014. Dr. Deans holds a Ph.D. and M.Phil. in chemistry from Strathclyde University and a B.Sc. in chemistry from Glasgow University.
Key Facts for Investor Verification
- Confirm the effective date of Spiros Milonas's resignation (November 28, 2018).
- Verify the immediate appointment of Dr. Henry Deans to the Board.
- Note that the resignation was explicitly stated as not being due to any disagreement with the Company.
- Review Dr. Deans's prior executive roles in the fertilizer and chemical sectors (Nutrien, Agrium, INEOS).