Directors appointed to Steam Packet board

Thursday, 17 January 2019 06:07

By Rob Pritchard @rpritchard9

Tynwald has approved three non-executive directors to the board of the Steam Packet Company.

Treasury Minister Alfred Cannan MHK has welcomed Philip Dearden, Captain Simon Pressley and David Oldfield - who will join the board for three years.

Mr Cannan said he's looking forward to the new directors contributing to the success of the company.

It comes following a recruitment process in November last year following the Government’s purchase of the company in May 2018.

However, the company will continue to operate as a commercial enterprise at arm’s length from Government.

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