August 4 - Claus Hyldager has stepped down as chief executive officer of Inchcape Shipping Services (ISS), with current chief financial officer, Chris Whiteside, appointed to step in as acting ceo.

Hyldager is now serving a period of gardening leave and will assist with an orderly handover, said ISS.

A special committee of the company's board will oversee the search for a new permanent ceo with the assistance of an executive search firm.