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An announcement from Torm ( (TRMD) ) is now available.
On December 16, 2025, TORM announced the appointment of Simon Mackenzie Smith as the new Chair of its Board of Directors, succeeding Chris Boehringer, who served in the role since 2015. The planned leadership transition underscores TORM’s commitment to long-term value creation, with Mackenzie Smith’s extensive experience in corporate finance and energy-related industries expected to further strengthen the company’s market leadership and stakeholder relations.
The most recent analyst rating on (TRMD) stock is a Sell with a DKK89.00 price target. To see the full list of analyst forecasts on Torm stock, see the TRMD Stock Forecast page.
More about Torm
TORM is a globally recognized carrier of refined oil products, operating a fleet of product tanker vessels with a focus on safety, environmental responsibility, and customer service. Founded in 1889, the company is headquartered in London, United Kingdom, and is listed on Nasdaq in both Copenhagen and New York under the ticker symbols TRMD and TRMD A.
Average Trading Volume: 190,603
Current Market Cap: DKK12.96B
For a thorough assessment of TRMD stock, go to TipRanks’ Stock Analysis page.