Maersk reshuffles executive structure

Maersk reshuffles executive structure

A.P. Moller – Maersk (Maersk) has announced a new organisational structure and a new executive leadership team.

Changes will be effective 1 February 2023 and follow the appointment of Vincent Clerc as CEO of Maersk, effective 1 January 2023.

The business has executed well during the past years, and we have a highly engaged and competent global team ready for the next miles of our transformation,” said Clerc in a recent statement.

“We face a challenging global economic outlook, a softening market and at the same time our customers are looking to radically improve their supply chains to make them more resilient and agile.

“This creates urgent needs as well as unique opportunities. To navigate through and beyond this environment, we will intensify our focus on cost discipline and service quality while increasing customer centricity, and decision power in the front line.”

READ: MSC bests Maersk’s reliability performance

The new organisational structure is shaped around 15 roles and areas of responsibility.

The Executive Leadership Team will jointly own the execution of Maersk’s Integrator strategy.

The company said the team is composed to create strong alignment across the enterprise as well as clear ownership and accountability.

Earlier last week, Maersk announced the completion of its acquisition of Martin Bencher Group.

The enterprise value of the transaction is approximately $61 million on a post-IFRS16 basis as announced on 5 August 2022 assuming an unchanged foreign exchange rate.

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