Bumi Armada names new CEO after huge FY18 losses

Andreas Jarbol

International offshore energy facilities and services provider Bumi Armada replaces current CEO Leon Andre Harland with Gary Neal Christenson May 16. This happened after the company continued to stay in the red, posting net losses of RM2.30B in the financial year ended Dec 31, 2018 and net losses of RM1.26B in the fourth quarter.

Mr. Gary Neal Christenson currently serves as the CEO and Director of PT Agra EnergiIndonesia, and has been Independent and Non-Executive Director at Bumi Armada since May 2, 2018.

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