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New chairman at Maersk

New chairman at Maersk
New chairman, Jim Hageman Snabe

28-03-2017 16:00:00

It will be for the 13th and last time that the chairman of A.P. Møller - Maersk, Michael Pram Rasmussen, will present the report at the company's general meeting, starting at. 10.30 at the Bella Center in Copenhagen.

New chairman at Maersk
Michael Pram Rasmussen

It was historic when Maersk Mc-Kinney Møller in 2003 announced that the then Topdanmark's CEO, Michael Pram Rasmussen, was appointed to succeed him as chairman of Denmark's largest business group. Only the fourth ever - and the first external - in the company's 100 year long history.

Today, Michael Pram Rasmussen resigns and will leave the prestigious and highly influential post to Jim Hageman Snabe, who with his previous position as CEO of the German IT giant SAP and as chairman of Siemens, can be described as one of the heaviest international business leaders.

Michael Pram Rasmussen resigns with the submission of accounts with the largest deficit in the history of the company at $ 1,9 billion. But also at a time when A.P. Møller - Maersk is facing the biggest changes in company history with the decision to sell off its energy division.

Thus, there are enough challenges to address for Jim H. Snabe when he takes over as chairman.
One of the smaller ones must be to follow up on one of today's written questions to the Board:

"Have you considered your future general meetings, as before, at Tåsinge ?? Or elsewhere west of Storebælt to accommodate shareholders west of Storebælt? Like Fredericia and Odense and Aarhus ??? "

It is not yet decided, says the written reply. So it is up to the new board with Jim H. Snabe at the helm.

Source: The editors of Maritime Denmark

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