Emergency Contact The Shipowners' Club updates on CEO succession Home Latest updates News The Shipowners' Club updates on CEO succession 17 Oct 2022 Download Sign up for alerts LONDON, 17 OCTOBER 2022 – The Shipowners’ Club, the leading P&I insurer in the smaller and specialist vessel sector, has provided an update on CEO succession. The Shipowners’ Club wishes to update its Members and the Club’s many business partners that Simon Swallow will be stepping down from his position of CEO on 25 May 2023 and will subsequently begin his retirement on 3 August 2023. The current Chief Financial Officer (CFO), Simon Peacock, will be the incoming CEO on 25 May 2023. Marcus Tarrant, currently Director and Chief Actuary of the Club’s management company, will become the Club’s CFO. Simon Swallow joined the Shipowners’ Club in July 1991 and after a spell as Underwriter he assumed the role of Director of Underwriting. Simon has served on the Club’s management Board, Shipowners’ Protection Limited (SPL), for over 25 years. It was in March 2015 that Simon took up the CEO role from Charles Hume, having been the Club’s Commercial Director at that time. The Club’s Chair, Donald A. MacLeod KC, noted that “ Simon’s long service and the success of the Club which he has overseen is testament to him.  Simon’s energy, enthusiasm and unsurpassed market knowledge have served the Club’s Members admirably over these many years. Simon will retire from his CEO role with the Club’s very best wishes. “ Simon Peacock has been the Club’s CFO since February 2016. During that time he has overseen a period of enviable financial stability in the Club’s finances and has helped develop and deliver the strategy which sees the Club so well placed now and for the future. The Club’s Board was delighted that he accepted their invitation for him to succeed Simon Swallow. Simon will assume the role of CEO on 25 May 2023 and will look forward to continue working with the excellent SPL Board team.” At the s