Friday 15th Dec 2017 - Logistics Manager

Maersk board shake-up for global integration plan

Mærsk has shaken up its executive board in order to realise its vision of becoming a global integrator of container logistics.

The business hopes accelerate the development of customer oriented end-to-end transportation and logistics by appointing the chief operating officer, chief commercial officer as well as the CEO of APM Terminals to the executive board.

From 1st December 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 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,” said Søren Skou, CEO of A.P. Møller – Mærsk A/S. “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. I look forward to having them take on additional executive responsibility and to join me and the rest of the Executive Board on the journey towards the future Maersk.”

The new executive board:

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)