Yesterday was Poul Hestbaek’s final day as Chief Executive Officer of Hamburg Süd. After nearly 20 years with the company and the last two as CEO, Hestbaek’s departure follows other senior executives as Maersk transitions from its multi-brand strategy to a single, unified global brand under the Maersk identity.
“My responsibility for overseeing the successful completion of the Hamburg Süd brand integration into Maersk is reaching its conclusion,” Hestbaek wrote in a message on his LinkedIn account earlier this month. “As I prepare to embark on a new chapter, I want to express my heartfelt appreciation for the incredible journey I've had during the past two decades at Hamburg Süd.”
He was elevated to the CEO position in April 2021 with the departure of Dr. Arnt Vespermann who had been named CEO in 2017 after Maersk acquired the company. Vespermann, who had been charged with the integration of Hamburg Süd as a brand within A.P. Moller-Maersk, went on to become in January 2022 the Chief Executive Officer of Germany’s Offen Group, a vessel owner and management group.
Source: maritime-executive.com