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Published: 3 November 2017
Maersk Container Industry appoints new CEO
Sean S. Fitzgerald will take over as Chief Executive Officer of MCI on 1 January 2018.
MCI, part of A.P. Moller – Maersk’s Transport & Logistics division, has appointed Fitzgerald, who comes to the container industry from the mining equipment business, as its new CEO. The appointment hints at changes to come for MCI.
Fitzgerald has over 20 years of broad expertise across management, manufacturing, product management and marketing. Since 2014, he has acted as President at Joy Global China, which has eight plants in China and in 2016 was acquired by the Japanese manufacturing company Komatsu Mining Corp. Prior to this, he was Regional Vice President of Joy Mining Machinery, responsible for 13 plants in the Americas. He has also held executive positions over the course of almost 10 years at General Electric.
The mining equipment industry over the last five years has seen the type of consolidation that container manufacturing has not, including some joint venture manufacturing between Komatsu and GE.
“We are very pleased to welcome Sean S. Fitzgerald to lead Maersk Container Industry in its next level of development. Having returned to profitability after some tough years, the company is facing a number of opportunities, but also many challenges in an industry more competitive than ever,” says Soren Toft, Chairman of the Maersk Container Industry Advisory Board. “Sean’s proven track record driving production intensive businesses to profitability and market leadership makes him the ideal leader to spearhead Maersk Container Industry towards further market expansion, technology development and efficient operations.”
“As CEO of Maersk Container Industry, Fitzgerald will assume overall responsibility for the strategic direction and the entire operations of the company including its more than 5,000 employees in three container manufacturing plants in Chile and China and its R&D centre in Denmark,” MCI said in its statement.
“Maersk Container Industry represents a brand and heritage that I am proud to join and build upon together with the wider organisation”, says Fitzgerald. “I look forward to leverage my experience in heavy equipment manufacturing to build on the company’s strong position in the market. Moving ahead, we will aim to further develop Maersk Container Industry as a profitable company that offers innovative, state-of-the-art container equipment and technology to its many customers.”