Maersk names Vincent Clerc as new CEO of ocean, logistics division

AP Moller-Maersk has named Vincent Clerc as chief executive of its ocean and logistics division

19 December 2019 - 19:00

AP Moller-Maersk has named Vincent Clerc as chief executive of its ocean and logistics division. Mr Clerc has been Maersk's chief commercial officer since 2015. He will take over part of the role of Soren Toft, who stepped down as chief operating officer in November.

Mr Toft left Maersk to run the container shipping arm of Switzerland-based Mediterranean Shipping Co, its 2M alliance partner.

Maersk officials said the group isn't looking for a new COO, reported The Wall Street Journal.

Henriette Hallberg Thygesen, who runs Maersk's salvage company Svitzer, was named CEO of towage and manufacturing and will also assume some of Mr Toft's responsibilities. Ms Thygesen has also been named a member of Maersk's five-member executive board.

Chief financial officer Carolina Dybeck Happe said in November that she would leave Maersk after less than one year on the job to join General Electric Co as CFO early next year.

Mr Clerc's appointment is expected to give CEO Soren Skou more time to focus on the larger transformation of the maritime and logistics group.

Maersk said Mr Clerc's new job is 'uniting the teams in operations focused on ocean delivery with the commercial team to ensure a better offering of integrated services to our customers and to facilitate end-to-end process thinking.'

The company is trying to focus its investment on broader logistics services including warehousing, customs clearance and inland distribution beyond its port-to-port shipping operations.


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