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Overseas Shipholding Group, Inc., announced today that it has implemented a reduction in force intended to improve operational efficiencies in connection with the Company's restructuring efforts. As part of the reduction in force, Myles R. Itkin has left the Company as Executive Vice President, Chief Financial Officer and Treasurer of the Company.
Captain Ian T. Blackley will serve as the Chief Financial Officer and Treasurer of the Company effective immediately. Captain Blackley has been the Senior Vice President and Head of International Shipping Operations.
About OSG
Overseas Shipholding Group, Inc. (NYSE: OSG), is one of the largest publicly traded tanker companies in the world. As a market leader in global energy transportation services for crude oil and petroleum products in the U.S. and International Flag markets, OSG is committed to setting high standards of excellence for its quality, safety and environmental performance. OSG is recognized as one of the world's most customer-focused marine transportation companies and is headquartered in New York City, NY. More information is available at www.osg.com.
The Abernathy MacGregor Group
Chuck Burgess, 212-371-5999
CLB@abmac.com
or
OSG Media Hotline, 212-578-1612
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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