KNOT Offshore Partners LP, recently announced that following the decision of Mr. Gary Chapman to step down as the Partnership’s CEO/CFO announced on April 10, 2023, the Partnership confirms that Mr. Derek Lowe will become the Partnership’s new Chief Executive Officer and Chief Financial Officer with effect from Mr. Gary Chapman’s departure date, which is expected to occur the week of September 11, 2023.
The details of the appointment
Mr. Lowe will join the Partnership from Telford Offshore, a provider of accommodation, construction and pipelay in the global offshore energy services industry. He has served as the Group Company Secretary of Telford Offshore since its formation in 2018, having provided consultancy services to its predecessor since 2015.
He worked from 2011 to 2015 for the debt capital markets group of Pareto Securities, and from 1994 to 2010 for the equity capital markets group of UBS. Mr. Lowe holds a degree in Mathematics from Oxford University and is an experienced charity trustee with interests in national level sport and the local Church of England.
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