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March 8, 2004

Todd Grove named president ABS Americas

ABS has named Todd Grove President of its ABS Americas Division effective May 1, 2004. He'll replace Robert E. Kramek, who will assume the role of President and Chief Operating Officer .

Grove is currently Vice President Western Region, ABS Europe. In his new role he will be located at the Americas’ Division headquarters in Houston and will have operational responsibility for all ABS classification activity in North, Central and South America.

With more than 450 employees, ABS Americascontributes approximately one third of ABS’ worldwide operating revenue.

A 21-year-veteran of ABS, Grove has held a series of positions with increasing responsibilities from his initial position as a Staff Engineer with the Ocean Engineering Division. These have included Project Manager for the ABS SafeHull Program, Director Technology and Business Development, ABS Pacific, Manager of Offshore Engineering and Director of Offshore Project Development prior to his latest assignment in Europe.

Grove earned a Bachelor of Science degree from the University of Michigan’s Naval Architecture and Marine Engineering program as well as a Master of Business Administration from the University of Houston.

Replacing Grove in the role of Vice President Western Region, ABS Europe, will be Karel Van Campenhout. Another long-time ABS veteran, Van Campenhout’s wide range of experience includes positions as a Surveyor in the ABS Ulsan, Korea, office as well as Country Manager for Belgium, France, and North and West Africa. His most recent assignment led to the creation of advanced software and systems for field surveyor use worldwide as the Manager of ABS’ 02K program.

“Todd and Karel are part of the new generation that will lead ABS to continuing success in the future,” commented ABS President and CEO Robert Somerville.

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