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Noble chief Alizera resigns, replaced by two co-ceos

Noble chief Alizera resigns, replaced by two co-ceos
Noble Group ceo Yusef Alireza has resigned from the Hong Kong commodities and shipping company and will be replaced by a two co-ceos.

Noble said Alireza had “helped guide Noble through a very challenging period, moving the company to an asset light, merchant focused model”. It said that with this process now largely complete Alizera felt it was the right time to move on.

Alizera will be replaced by co-ceos, William Randall, currently president of Noble, and Jeff Frase, president of Noble Americas and head oil liquids.

“I am delighted that Will and Jeff will be leading Noble Group's operations as we embark on the company's next chapter. Their complementary commodities expertise and geographical focus will be hugely valuable as we position ourselves for the future,” said Richard Elman ceo of Noble.