Nordic American Tankers Ltd. (NYSE: NAT) – Jim Kelly Vice Chairman of Nordic American Tankers

Hamilton, Bermuda, March 27, 2020

We would like to advice you that Jim Kelly has been appointed Vice Chairman of Nordic American Tankers (NAT), following the sad passing of Mr. Andreas Ove Ugland who had this positon in the past.

Jim Kelly (American citizen) has been a director of NAT since June 2010. Mr. Kelly has worked for Time Inc., the world’s largest magazine publisher, since 1978. He served as Foreign Editor during the fall of the Soviet Union and the first Gulf War.

He was named Deputy Managing Editor in 1996. In 2001, Mr. Kelly became the magazine’s managing editor, and during his tenure the magazine won a record four National Magazine awards. In 2004, Time Magazine received its first EMMA for its contribution to the ABC News Series “Iraq: Where Things Stand.”

In late 2006, Mr. Kelly became the managing editor of all of Time Inc., helping supervise the work of more than 2,000 journalists working at 125 titles, including Fortune, Money, Sports Illustrated and People.

Since 2009, Mr. Kelly has worked as a consultant at Bloomberg LP and taught at Princeton and Columbia Universities. Jim Kelly was elected as member of the NAT Audit Committee in February 2012. He is now Chairman of the NAT Audit Committee.

Best regards,


Herbjørn Hansson
Chairman & CEO