Philly Shipyard, Inc., the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), reports that Jeffrey Theisen will rejoin the company as Chief Financial Officer, effective September 8, 2020. Theisen fills the vacancy created by the sudden passing last month of former CFO, Brian Leathers.
Theisen previously served as Philly Shipyard’s CFO for eight years, from 2007 – 2015 He was involved in the spin-off of Philly Shipyard from its parent Aker American Shipping and subsequent listing of the company on Oslo Axess. He was also instrumental in securing backlog and negotiating various financings, investments and other significant transactions. At that time, Philly Shipyard was known as Aker Philadelphia Shipyard.
“We are delighted that Jeff is returning to our team as CFO,” said Steinar Nerbovik, Philly Shipyard President and CEO. “His familiarity with the shipyard, its operations and its people will accelerate a smooth transition and keep the shipyard moving forward as we enter into the new and exciting NSMV project.”
Theisen has over 30 years of experience in financial and strategic planning, organizational leadership, growth and expansion strategies, debt and equity financing, investor and banking relations, and budgeting and cost accounting. He has held finance roles with Arthur Andersen, The Regulus Group, Philly Shipyard and most recently, People 2.0.
He holds a Bachelor of Science in Accounting from Villanova University and is a certified public accountant in the state of Pennsylvania.