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Maersk’s Vice CHIEF EXECUTIVE OFFICER Stepping Down After Energy Exit

marinesalvage by marinesalvage
August 12, 2022
in News
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Maersk’s Vice CEO Stepping Down After Energy Exit

Maersk’s Vice CHIEF EXECUTIVE OFFICER Stepping Down After Energy Exit

A.P. Moller– Maersk’s Vice CHIEF EXECUTIVE OFFICER and also the CHIEF EXECUTIVE OFFICER of its Energy department, Claus V. Hemmingsen, will certainly be tipping down from the functions adhering to the splitting up of Maersk Tankers, Maersk Oil and also Maersk Drilling as component of the Danish empire’s tactical improvement to concentrate on container logistics.

The Energy department will certainly fold most recent by the end of June 2019, and also Claus Hemmingsen will ultimately leave A.P. Moller– Maersk.

In a press declaration, Maersk’s Board of Directors recognized Hemmingsen’s “dedicated and significant contribution” to A.P. Moller– Maersk, where he has actually acted as Member of the Executive Board because 2007 and also as Vice CHIEF EXECUTIVE OFFICER and also CHIEF EXECUTIVE OFFICER of the Energy department because September 2016.

“On behalf of the Board of Directors, I would like to thank Claus Hemmingsen for his considerable results in fronting the separation of our oil and oil-related businesses, which he has done with the utmost respect for the history and legacy of the individual companies, while ensuring a foundation for their continued growth and prosperity outside A.P. Moller – Maersk,” claims Jim Hageman Snabe, Chairman of the A.P. Moller– Maersk Board of Directors.

Claus Hemmingsen signed up with A.P. Moller– Maersk in 1981 as a delivery student and also has actually been posted in Hong Kong, Singapore and also Denmark, where he has actually held numerous leading settings within both the delivery and also overseas sectors. He was CHIEF EXECUTIVE OFFICER for Maersk Drilling from 2005 and also up until his consultation as Vice CHIEF EXECUTIVE OFFICER of A.P. Moller– Maersk and also CHIEF EXECUTIVE OFFICER of the Energy department.

“I have known Claus since 1985. We joined the Executive Board together in 2007 and have been working closely together on the transformation of A.P. Moller – Maersk over the last two and a half years. I have truly appreciated our partnership and friendship. Claus embodies the values of A.P. Moller – Maersk and is an outstanding leader who has made many significant contributions to the company.,” mentions Søren Skou, CHIEF EXECUTIVE OFFICER of A.P. Moller–Maersk

Maersk’s Offloading of Drilling Unit is Latest Move to Exit Energy

Since releasing the tactical improvement in 2016, Maersk’s Energy department has actually located brand-new possession frameworks for Maersk Tankers, Maersk Oil and also Maersk Drilling, liberating sources to concentrate future development on container logistics. The firm has actually because performed on USD 12bn well worth of business purchases, according toMaersk

“We have now concluded the task of finding new structural solutions for the majority of A.P. Moller – Maersk’s energy businesses, enabling their continued development and growth under new ownership structures. I am proud of the results the Energy division as a team and my colleagues in our oil and oil related businesses have achieved,” claims Claus Hemmingsen and also proceeds:

“I am privileged to have worked for A.P. Moller – Maersk for almost four decades. It has been an international career which has provided continuous challenges and endless learning opportunities across multiple industries, and the opportunity for my family to live abroad for 12 years. I am grateful to A.P. Moller – Maersk to whom I owe my entire career and to my family for their unlimited support. I wish Søren Skou and all my colleagues all the best with the continued transformation and development of A.P. Moller – Maersk.”

Claus Hemmingsen will certainly proceed standing for A.P. Moller– Maersk in his capability as Vice CHIEF EXECUTIVE OFFICER and also CHIEF EXECUTIVE OFFICER of the Energy department up until he tips down.

Read Next: Maersk Management Given Time to Turn Around ‘Supertanker’

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Tags: maerskmaersk restructuring
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