Euronav battle continues as CEO De Stoop exits
While the Saverys family bid to oust the board ultimately failed, their overarching desire to force a strategic shift in Euronav is not over and with Hugo De Stoop now gone an end game is in sight
Tanker giant Euronav is looking for more than a new chief executive — it needs to confirm its long-term strategy. A difference of visions between the company’s two largest shareholders is yet to be resolved, but a deal could be getting nearer