Søren Skou (L) can be succeeded as Maersk CEO by Vincent Clerc (R) on January 1
After 11 years on the helm of A. P. Møller – Mærsk A/S, Søren Skou will step down as CEO on January 1, 2023. He can be succeeded by Vincent Clerc, at present CEO of the corporate’s Ocean & Logistic enterprise. Following the transition, the corporate’s govt board will include CEO Vincent Clerc, CFO Patrick Jany, Henriette Hallberg Thygesen and Navneet Kapoor.
“Søren has contributed to our group’s development over almost forty years, of which eleven years as CEO for Maersk Tankers, four years as CEO for Maersk Line and close to seven years as CEO for Maersk,” mentioned Robert M. Uggla, chairman of the board of administrators. “During his tenure as CEO of Maersk, Søren has been instrumental in redefining Maersk into a customer centric end-to-end logistics provider with a global leadership position in sustainable transportation solutions. On behalf of the board, I sincerely thank Søren for his valued leadership and impressive results. I am equally grateful for Søren’s support in the CEO succession review making sure the company does not lose any momentum in its strategic endeavors in a changing and difficult market.”
“The board is pleased to announce Vincent Clerc as the new CEO of Maersk,” mentioned Uggla. “Since 2019, Vincent has been the CEO of Maersk Ocean & Logistics, which contributes a significant part of the company’s invested capital and results. He has been a pivotal leader for Maersk’s transformation, demonstrating great strategic acumen, an ability to execute complex plans and deliver long term shareholder value through compelling customer solutions. The strong tail winds that benefited the supply chain industries during the pandemic are coming to an end. 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.”
CHANGE
“For almost seven years I have worked together with my team to change the business model, the culture, the digital backbone, and the results to make Maersk a profitable growth company again,” mentioned Skou. “That was the mandate I received as CEO in 2016 and I want to thank the board, our important shareholder, my govt staff and all my unbelievable international colleagues for his or her belief and assist all through the years.
“Now is the proper time for Maersk, for Vincent, and for me to make this transition. The firm has executed very nicely over the previous years. We have by no means been stronger financially and we have now an inspiring and visionary plan for the continuation of our international integrator technique that can information Maersk for a few years to return.
“I have worked closely with Vincent for more than a decade and I am confident that he is ready to take the company to the next level. I look forward to a new chapter in life where I will continue to work at non-executive level and have more time for my family and for other interests.”
TOUGH CHALLENGES
“I am thrilled by the trust the board is showing by giving me the opportunity to lead the next stages of our transformation. It is a privilege for me to lead a company with such a long heritage, strong values, and tremendous potential,” mentioned Clerc. “I’m wanting ahead, along with the management staff and all of the Maersk colleagues around the globe, to take it to the following stage, constructing on the very sturdy basis we obtained with Søren on the helm, and delivering on our guarantees to clients, shareholders, and to the society at massive.
“On the heels of a pandemic, and now with the battle in Ukraine and an vitality disaster upon us, there are numerous robust challenges forward; challenges that influence us all and the place Maersk could make a distinction. Companies are rethinking their provide chains on this new atmosphere, they’re on the lookout for extra stability, and extra assist on their decarbonization journey. This represents an unimaginable enterprise alternative for Maersk that all of us are desperate to seize.
“It will demand of us that we stay the course on our strategy, delivering on our digitalisation and decarbonisation roadmaps, while keeping a sharper than ever eye on our operational excellence and performance. When we do that, we will make a profound positive impact for all our stakeholders.”
