Executive Interview: Ardmore Shipping CEO Gernot Ruppelt
Since its founding in 2010, NYSE-listed product tanker specialist Ardmore Shipping has carved out a place for itself as an innovative owner and operator, willing to try out new technology and reap rewards from higher efficiency. A focus on long-term value and a strong balance sheet has paid off, according to Ardmore. To find out more about its secret to success, TME spoke with Ardmore’s recently appointed CEO, longtime tanker executive Gernot Ruppelt.
TME: Can you tell us a bit about your career and how you came to Ardmore?
Ruppelt: I found the maritime business partially by choice, partially by coincidence, and decided to build a life around it. I’ve been in the maritime industry my entire career, committed to this exciting, very international line of work. I’ve worked across the globe in five different countries, across three continents – Europe, Asia, and US. I’ve been with Ardmore since 2013, and as Chief Commercial Officer I led the commercial strategy and developed our trading capabilities, now operating in Europe, Singapore, and Houston.
Before Ardmore, I spent five years in New York as a tanker broker with Poten & Partners. During that time, I was engaged in various project-based businesses, including chemical tankers. I was transacting with Ardmore Shipping when the company was in its early stages, still in startup mode. I recognized then that this was a unique company, with founder and former CEO Anthony Gurnee being very different from anybody I had dealt with.
My career started at Maersk when I joined their management fast-track program. I worked for Maersk in Germany, where …
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