May 6, 2003
Somerville elected ABS CEO
These duties will be in addition to Somervilles current responsibilities.
ABS says the transfer of CEO responsibilities from ABS Chairman Frank J. Iarossi "marks the first phase in a carefully planned leadership transition strategy."
Iarossi will continue as Chairman of the classification society until 1 May 2004 and remains Chairman and CEO of the ABS Group of Companies, an affiliate of ABS.