By Jite Eriabie
As part of its efforts aimed at focusing its business operations on shipping and container logistics, A.P. Møller – Mærsk A/S has bolstered its Executive Board with three new members.
“To further accelerate the development of customer oriented end-to-end transportation and logistics solutions the Board of A.P. Møller – Mærsk A/S today announces that it is strengthening the management of the company by appointing the Chief Operating Officer, Chief Commercial Officer as well as the CEO of APM Terminals to the Executive Board,” the company said.
Effective December 1st, 2017, Vincent Clerc, Executive Vice President and Chief Commercial Officer, Morten Engelstoft, Executive Vice President and Chief Executive Officer APM Terminals and Søren Toft, Executive Vice President and Chief Operating Officer will join the company’s Executive Board.
“We have made good progress on the separation of the oil and oil-related businesses as well as the integration of container shipping, ports and logistics. The expansion of the Executive Board will further accelerate our journey towards delivering seamless end to end experiences to our customers. Vincent, Morten and Søren have all demonstrated strong leadership and customer focus as well as delivered solid results over many years. They are recognized, visionary and global leaders in the container shipping, ports and logistics industry,” Søren Skou, CEO of A.P. Møller – Mærsk A/S explains.
New composition of the Executive Board of A.P. Møller – Mærsk A/S
- Søren Skou, CEO A.P. Møller – Mærsk A/S
- Claus V. Hemmingsen, Vice CEO A.P. Møller – Mærsk A/S and CEO of the Energy division
- Jakob Stausholm, Executive Vice President A.P. Møller – Mærsk A/S and Chief Finance, Strategy and Transformation Officer
- Vincent Clerc, Executive Vice President A.P. Møller – Mærsk A/S and Chief Commercial Officer, Chairman Damco
- Morten Engelstoft, Executive Vice President A.P. Møller – Mærsk A/S and CEO for APM Terminals, Chairman Svitzer
- Søren Toft, Executive Vice President A.P. Møller – Mærsk A/S and Chief Operating Officer, Chairman Maersk Container Industry, Board Member of Hamburg Süd Supervisory Board (pending regulatory approval)
The board appointments come on the heels of the Korean Free Trade Commission’s approval of Maersk Line’s acquisition of German counterpart Hamburg Süd.
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