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Published: 19 December 2011      

Kolding leaving Maersk Line

Søren Skou
Eivind Kolding is leaving his position as CEO of Maersk Line and member of the Executive Board. His replacement is Søren Skou.

Søren Skou will take up the position as CEO of Maersk Line on 16 January 2012. Søren Skou has run Maersk Tankers since 2001 and is returning to Maersk Line, where he held different positions in the period 1983 through 1998.

Eivind Kolding is leaving Maersk Line to become CEO of Danske Bank, Denmark's biggest financial institution. He is also resigning as a partner of Firmaet A P Møller, whose new owners will thus be Mærsk Mc-Kinney Møller, Nils S Andersen, Claus V Hemmingsen and Søren Skou.

The Executive Board will consist of Nils S Andersen, Kim Fejfer, Claus V Hemmingsen, Søren Skou, Jakob Thomasen and Trond Westlie.

Kolding's resignation has taken the industry by  surprise. Skou, meanwhile, has reiterated the Maersk "mantra" of the need for more consolidation, as freight rates soften and overcapacity looms.

In other industry news, Mikkel Andersen been appointed joint managing director and Managment Board member of Eurogate JWP Wilhelmshaven. Up to now, Marcel Egger has been the sole Managing Director.

Andersen, who was formerly with A P Moeller Group, has been a member of the Eurogate project team behind the development of the JWP terminal since March 2008.

The Boards of the California Maritime Infrastructure Authority (CMIA) and the California Maritime Infrastructure Bank (CMIB) Boards have appointed former Humboldt Bay Harbor District Chief Executive Officer David Hull as the Executive Director of both organisations.

Rob Brewster has joined PD Ports as Development Director, Logistics and Andrew Lowdon has joined the company as Commercial Analyst. Brewster joins PD Ports from DHL International Supply Chain, where he was UK Business Development Director. Lowdon joins from development agency One North East.

Björn Ingemanson, 53, has been appointed the new President of Volvo Penta. Björn Ingemanson is currently President of Volvo Trucks’ International Division and will assume his new position on April 1, 2012, when he will succeed the current President Göran Gummeson, who will retire next year.

Björn Ingemansson will not be replaced in his current role since Volvo Trucks’ international division will be moved up into the new regional truck organizations in sales and marketing in conjunction with the introduction of a new organization at year-end.

Following the reorganisation, Volvo Penta will remain a business area in the Volvo Group, with responsibility for development and sales of engines and drive systems for marine and industrial applications.

Konecranes’ Business Area Equipment is changing its structure on January 1, 2012. A new Product Management and Engineering organisation will be established to manage and coordinate products and engineering activities within the Equipment Business Area.

At the same time, the Global Procurement and Global Component Manufacturing units will be combined to form a single Supply Chain Management unit.

Business Area Equipment will have five business units: Industrial Cranes, Light Lifting, Alfa (marketing and distribution of components via other brands than Konecranes), Port Cranes and Lift Trucks.

Ari Kiviniitty is appointed Senior Vice President, Head of Product Management and Engineering. He also acts as deputy to Mr. Hannu Rusanen, Head of Business Area Equipment. He also continues as the acting Chief Technology Officer until a new person has been appointed to this position.

Pekka Lettijeff is appointed Chief Supply Chain Officer, Head of Supply Chain Management. Kiviniitty and Lettijeff will not continue as members of the Group Executive Board in their new positions as they will report to Rusanen.

As of January 1, 2012, the Group Executive Board will consist of the following members: Pekka Lundmark, President and CEO, and Chairman of the Group Executive Board; Mikko Uhari, Market Operations; Hannu Rusanen, Business Area Equipment; Fabio Fiorino, Business Area Service; Teo Ottola, Finance and headquarter functions; and Ari Kiviniitty, Chief Technology Officer.

As preliminarily communicated in its January-September interim report release on October 20, 2011, Konecranes has initiated actions during 4Q/2011 to lower its cost base in Europe.

It is aiming to reduce the payroll by a total of around 100. The countries affected are Austria, Belgium, Denmark, Finland, France, Germany, the Netherlands, Norway, Spain, Sweden, the UK and Ukraine.

Textainer Group Holdings Limited, the world’s largest lessor of intermodal containers based on fleet size, has appointed Hilliard C Terry, III as Executive Vice President and Chief Financial Officer and Daniel W Cohen as Vice President and General Counsel.

Logistics firm BDP has appointed Richard Strollo Managing Director for South Asia. His most recent position prior to joining BDP was Managing Director in the Philippines with DHL.


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