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Article: Appointment of new chief hints at problems at Maersk.

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M2 Presswire
Article date:
June 25, 2007
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M2 PRESSWIRE-25 June 2007-Transport Intelligence Ltd: Appointment of new chief hints at problems at Maersk(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:25062007

For the first time in over 100 years, Maersk will recruit its Chief Executive from outside the company. The new head of the giant shipping and oil services company, A.P.Moller-Maersk, will be Nils Smedegaard Andersen, presently the head of the Danish brewer Carlsberg. He replaces Jess Soederberg who is leaving the company two years ahead of schedule.

At the same time there will be a number of retirements from the senior management. The joint CEO of Maersk, Knud E. Stubkjaer will leave in ...

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