A. P. Møller – Maersk (Maersk) has announced Soren Skou will retire as CEO.
Vincent Clerc will succeed as CEO from 1 January 2023, taking over from Skou who has led the company since 2016.
“Soren has contributed to our Group’s development over almost forty years, of which 11 years as CEO for Maersk Tankers, four years as CEO for Maersk Line and close to seven years as CEO for Maersk,” said Chair of the Board of Directors, Robert M. Uggla.
“During his tenure as CEO, Soren 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 Soren for his valued leadership and impressive results. I am equally grateful for Soren’s support in the CEO succession review making sure the company does not lose any momentum in its strategic endeavours in a changing and difficult market.”
The move has been cited as TradeLens “has not reached the level of commercial viability” to continue work on the platform.