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0 -0.000193174164782704 0.00128956807300935 0.00111205667834414 -0.00384782052553808 -0.00463095903141426 -0.0127233902588012 -0.0184664059685596
Stock impact report

Global Ship Lease sinks on disappointing Q4 earnings; CEO Lister to retire [Seeking Alpha]

Global Ship Lease Inc New Class A Common Shares (GSL) 
Last global ship lease inc new class a common shares earnings: 3/5 08:48 am Check Earnings Report
Company Research Source: Seeking Alpha
saying CEO Ian Webber will retire effective March 31 and join the company's board, which will expand to nine members. Q4 net income available to common shareholders fell to $64.7M from $72.6M in the year-earlier quarter, adjusted EBITDA jumped 27% to $127.1M, and operating revenues rose 8.4% Y/Y to $178.9M. Global Ship Lease ( GSL ) said it continues to benefit from its forward visibility and attractive fixed rates of its charter portfolio, much of which was agreed during the 2021-22 super upcycle. The board named current Chief Commercial Officer Thomas Lister, who joined the company in 2007 and has held a number of senior executive roles, to succeed Webber as CEO. Webber has been Global Ship Lease's ( GDL ) CEO since 2008, after spending 17 years at PriceWaterhouse and 10 years as CFO and a director of CP Ships Ltd. until its acquisition by TUI A.G. Recommended For You Recommended For You About GSL Stock Related Stocks Trending Analysis Trending News Show less Read more
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