Bruce Muir Gemmell steps down as Mermaid Maritime Public's CEO

Mr Gemmell quitted his post due to differences in expectations on the role of a CEO at this stage of growth of the Company.

The Board of Mermaid Maritime Public announced the resignation of Bruce Muir Gemmell as Chief Executive Officer due to differences in expectations on the role of a CEO at this stage of growth of the Company.

Mr Gemmell, 51, was responsible for carrying out the strategies and policies as established by the Board and for the overall management, development and financial performance of the Company and its subsidiaries, according to a Mermaid Maritime Public report.

He was appointed to the post 16 January 2012.

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