Yad joins theNasdaq-listed shipowner from Danish service provider ISS where she was financechief for its Iberia-Latin America arm.
Ultrapetrol does notexplain why Hoskinson, who will remain with the company as vice president ofinternational finance, is being substituted.
Hoskinson was hired by Ultrapetrol two decades ago, becoming a director in 2000.
His life before joiningthe shipowner’s payroll included a spell as head of shipping at Marine Midland Bank in New York.
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