TORM Appoints Simon Mackenzie Smith as New Chair of the Board
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 16 2025
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TORM Board of Directors has appointed Simon Mackenzie Smith as the new Chair of the Board, succeeding Chris Boehringer. Boehringer was appointed Chair of the Board in 2015 and will continue to serve as a member of the Board. Smith is currently Chair of Dowlais Group plc and a non-executive director at Interpath Limited.
Analyst Views on TRMD
Wall Street analysts forecast TRMD stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TRMD is 13.89 USD with a low forecast of 13.89 USD and a high forecast of 13.89 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
0 Hold
1 Sell
Moderate Sell
Current: 22.670
Low
13.89
Averages
13.89
High
13.89
Current: 22.670
Low
13.89
Averages
13.89
High
13.89
About TRMD
TORM plc is a United Kingdom-based shipping company. The Company owns and operates a fleet of product tankers. The Company’s segments include the Tanker segment, for which the services provided primarily comprise transportation of refined oil products, such as gasoline, jet fuel, and naphtha, and the Marine Engineering segment, for which the services provided primarily comprise developing and producing advanced and green marine equipment. Its wholly owned fleet of around 90 vessels is specifically configured to move energy and clean petroleum products from refineries to their customers. With vessels varying in size from 45,000 - 115,000 deadweight tonnage (DWT), it offers a range of product tankers. It is present in all large vessel classes in the product tanker market, with specific focus on the LR2, LR1, and MR vessel classes. Its vessels include TORM Hannah, TORM Hellerup, TORM Helene, TORM Hermia, TORM Signe, TORM Elizabeth, TORM Elise, TORM India, TORM Lilly, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
