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  4. Shipping firm Maersk picks Vincent Clerc as new CEO
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Shipping firm Maersk picks Vincent Clerc as new CEO

COPENHAGEN (Reuters) - Shipping giant A.P. Moller-Maersk said on Monday it had appointed Vincent Clerc, who has been with the firm for 25 years, to replace Soren Skou as Chief...
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Shipping firm Maersk picks Vincent Clerc as new CEO © Reuters. FILE PHOTO: Maersk's logo is seen in stored containers at Zona Franca in Barcelona, Spain, November 3, 2022. REUTERS/Albert Gea/File Photo

COPENHAGEN (Reuters) - Shipping giant A.P. Moller-Maersk said on Monday it had appointed Vincent Clerc, who has been with the firm for 25 years, to replace Soren Skou as Chief Executive Officer as of Jan 1.

"The strong tail winds that benefited the supply chain industries during the pandemic are coming to an end," said chair of the board Robert Uggla in a statement.

"With an increasingly challenging outlook, the board believes Vincent holds the right experience and capabilities as CEO to pursue and oversee Maersk’s strategic and organizational development in the years to come," he added.

Company veteran Clerc currently heads the company's Ocean & Logistics business.

Skou, who has been in the job since 2016, oversaw the group's transformation from a conglomerate into an integrated logistics company.

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01-05-2024 10:45:17 (UTC+7)

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
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 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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