THE founder and chairman of French shipping giant CMA CGM, Jacques Saade, has appoined his son Rodolphe as CEO of the CMA CGM Group to mark his 80th birthday.
The elder Saade stated: "Rodolphe has proven himself over the years, and he has my deepest trust as chief executive officer of the Group. I know that, with Rodolphe as CEO, with Farid Salem and Tanya Saade Zeenny, our executive officers, and all our teams around the world, the Group will continue its development with the same commitment and passion".
Rodolphe Saade joined the group in 1994 in the US. He then worked in Hong Kong before coming back to Marseilles to head a shipping line linking Northern China to Japan. From 1997 to 2000, he successively headed different shipping lines.
In 2009, he took over responsibility of the Group's financial restructuring and in 2015 and 2016, he successfully led the voluntary general cash offer for Neptune Orient Lines (NOL), a Singapore based container shipping company.
