SEACOR Holdings Announces Executive Changes

SEACOR Holdings Inc. announced that Randall Blank, currently SEACOR's Executive Vice President, Chief Financial Officer, and Secretary will assume full-time responsibility as President and CEO of its environmental division, SEACOR Environmental Services Inc., ("SES").

Richard Ryan will assume the position of Chief Financial Officer for SEACOR. Alice Gran, SEACOR's Senior Vice President and General Counsel, will become Corporate Secretary.


Charles Fabrikant, Chairman and CEO of SEACOR remarked, "Ran and I have worked together for the past 21 years and co-founded SEACOR in 1989. He has been instrumental in every transaction that has made the Company what it has become today. For the past three years Ran has also overseen the growth of our environmental unit, primarily consisting of the National Response Corporation and The O'Brien's Group, and has been the driving force in developing its international presence. Our goal is to grow our environmental business more aggressively. Ran has a wealth of experience in mergers and acquisitions, and is the ideal leader to capitalize on SES' potential. We are also excited about the prospects for Applied Process Technology, Inc., a SEACOR investment which provides innovative, waste-free technologies for clean water. Fortunately we have depth in management allowing us to fill Ran's shoes by bringing in a highly qualified individual who has been with us almost 10 years and is familiar with our culture. Richard Ryan also headed the transition team responsible for integrating Seabulk and SEACOR."

Mr. Ryan started his career as a certified accountant in the UK Atomic Energy Authority. He has 28 years experience in the offshore industry, and has worked in Houston, Singapore, France and the United Kingdom. Mr. Ryan, who most recently served as SEACOR Marine International's Chief Operating Officer, will be succeeded in that role by Clyde Camburn, who has served as international controller for the offshore marine group for the last three years.

In a related executive change, Matthew Cenac, currently SEACOR's Controller, will become SEACOR's Chief Accounting Officer and will relocate to Fort Lauderdale, Florida. Lenny Dantin, currently Vice President and Chief Accounting Officer, will remain in the Company's Morgan City, Louisiana office and assist with other financial matters.

SEACOR is a global provider of marine support and transportation service, primarily to the energy and chemical industries. SEACOR and its subsidiaries provide customers with a full suite of marine-related services including offshore services, U.S. coastwise shipping, inland river services, helicopter services, environmental services, and offshore and harbor towing services. SEACOR is uniquely focused on providing highly responsive local service, combined with the highest safety standards, innovative technology, modern efficient equipment, and dedicated, professional employees.