Chairman Douglas Wheat resigns; Captain Ian Blackley appointed Chairman of International Seaways

International Seaways, Inc.

Douglas Wheat resigned as Chairman and Board member effective Nov 22, 2024; no disagreement with Company.
Wheat appointed Chairman Emeritus; previously granted stock-based director fees fully vested, cash fees not reimbursed.
Company enters $500k consulting arrangement with Wheat for continued advice.
Captain Ian Blackley, board member since 2016, appointed Chairman effective upon resignation.
Board size reduced from 10 to 9, consistent with recommendations from large stockholders.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Ian Blackley

Chairman of the Board

INSW · International Seaways, Inc.

Effective: 2024-11-22
Filed: November 25, 2024, 6:59 PM ET

On November 22, 2024, effective upon Mr. Wheat’s resignation, the Board appointed Captain Ian Blackley, a member of the Board since 2016 when the Company was spun off from its predecessor, to serve as Chairman.

Departed

Douglas Wheat

Chairman of the Board

INSW · International Seaways, Inc.

Effective: 2024-11-22
Successor: Ian Blackley
Filed: November 25, 2024, 6:59 PM ET

On November 22, 2024, Mr. Douglas Wheat resigned from the Board of Directors (the “ Board ”) of International Seaways, Inc. (the “ Company ”), and from his role as Chairman of the Board, both with immediate effect.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Ian Blackley was appointed as Chairman of the Board at International Seaways, Inc..

Action: appointed
Role: Chairman of the Board

Exact text from the filing

On November 22, 2024, effective upon Mr. Wheat’s resignation, the Board appointed Captain Ian Blackley, a member of the Board since 2016 when the Company was spun off from its predecessor, to serve as Chairman.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Douglas Wheat resigned as Chairman of the Board at International Seaways, Inc..

Action: resigned
Role: Chairman of the Board

Exact text from the filing

On November 22, 2024, Mr. Douglas Wheat resigned from the Board of Directors (the “ Board ”) of International Seaways, Inc. (the “ Company ”), and from his role as Chairman of the Board, both with immediate effect.

View on SEC.gov

International Seaways, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-24-122390

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.