Former InterBulk chief resigns from board

Koert van Wissen, the former chief executive of InterBulk, has quit the board of the East Kilbride-based chemicals transportation specialist after helping new boss Loek Kullberg settle into the role.

The firm said van Wissen, who retired as its boss in September, resigned as a non-executive director yesterday.

InterBulk chairman David Rolph said: “Koert has provided excellent support to our incoming CEO, Loek Kullberg, during the last nine months as Loek has reviewed and updated the group’s structure and strategy to ensure that we are well positioned for the future.

“I would like to thank Koert for his outstanding leadership from the formation of the InterBulk group in 2006. We wish him well for the future.”

The firm said last month that it was looking forward to a “stronger” performance in the second half after reporting a 17.8 per cent slide in profits for the first six months of the year.

Hit by a slowdown in the European polymer industry, the group posted a pre-tax profit before one-off items of £728,000 for the six months to 31 March, down from £886,000 a year earlier, on revenues 2 per cent lower at £129.9 million.

InterBulk racked up £805,000 in exceptional charges, most of which related to a redundancy programme at its European workforce in the dry bulk chemicals division.