A.P. Moeller-Maersk A/S named Soren Skou, 51, as its new chief executive officer as the owner of the world’s biggest shipping company explores its “strategic options.”
Skou will replace Nils Smedegaard Andersen, starting July 1, the Danish company said in a press release on Thursday. The 57-year-old has led Maersk since 2007. Skou will continue his duties as the head of Maersk Line.
“The Board of Directors has tasked the new management to investigate the strategic and structural options to further increase agility and synergies,” according to the statement. It will “communicate on the progress” before the end of third quarter 2016, it said.
Shares in Maersk added to gains following the announcement, rising as much as 10.4 percent to 9,020 kroner on the news.
“The fast-paced changes of this world demand that we can adapt quickly, easily and at a minimal cost while retaining the focus on each business unit,” Skou said in the statement. “Our future set-up must effectively respond to these challenges.”
By: Christian Wienberg (Bloomberg).
Photo: Wikimedia.
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