ANNOUNCEMENT
Management changes in A.P. Moller - Maersk A/S
As from 1st December 2007 Nils Smedegaard Andersen (CEO of Carlsberg A/S) will
take up the position as Group CEO of A.P. Moller - Maersk A/S and withdraw from
the Board of Directors of A.P. Moller - Maersk A/S.
At the same date Jess Søderberg will resign as Group CEO of A.P. Moller -
Maersk A/S.
Originally Jess Søderberg was supposed to retire in 2009. With the advanced
management change the Board of Directors has wished to clarify the future
management relations and thus keep a constant drive in the company.
By choosing Nils Smedegaard Andersen the Board also wishes to add new yet
experienced capacity, which jointly with the other members of the management,
will constitute a strong team to lead on A.P. Moller - Maersk A/S and create
fur-ther development and higher profitability.
Chairman of the Board Michael Pram Rasmussen says:
"Through his previous work Nils Smedegaard Andersen has gained as well as
proven the skills which the Board finds necessary in an ever changing world and
in addition he possesses the personal qualities matching the values of the A.P.
Moller - Maersk Group.
Jess Søderberg has been employed in the group since 1970, since 1993 as Group
CEO.
Michael Pram Rasmussen says:
"Jess Søderberg's achievements and carrier have been remarkable, and Jess
Søderberg is well respected both in A.P. Moller - Maersk A/S and outside the
Group. In the period where Jess Søderberg has been responsible for the daily
management, the company has grown considerably. In close cooperation with Mærsk
Mc-Kinney Møller, Jess Søderberg has been the driving force in making the A.P.
Moller - Maersk Group the worldwide organisation it is today"
Furthermore a number of changes in Maersk Line have been decided. There will no
longer be a dual CEO function, and the continuing CEO will be Eivind Kolding.
Knud E. Stubkjær will thus withdraw as CEO of Maersk Line. Knud E. Stubkjær has
not wished to continue in alternative position within the Group and has
con-sequently decided to leave the Group as from 1st July 2007.
In future APM Terminals will refer to the Group CEO and Tommy Thomsen's other
responsibility areas are included in Maersk Line. Tommy Thomsen has not wished
to continue in alternative position within the Group and has therefore de-cided
to leave the Group as from 1st July 2007.
As from 1st July 2007 Claus V. Hemmingsen, Søren Skou and Søren Thorup Sørensen
have been appointed Partners in the Firm A.P. Moller.
Partners in the Firm A.P. Moller are hereafter Mærsk Mc-Kinney Møller, Jess
Søderberg (until 1st December 2007), Nils Smedegaard Andersen (after 1st
De-cember 2007), Thomas Thune Andersen, Claus V. Hemmingsen, Eivind Kolding,
Søren Skou and Søren Thorup Sørensen.
The daily management team will constitute of the Executive Board consisting of
Jess Søderberg (62) (until 1st December 2007), Nils Smedegaard Andersen (48)
(after 1st December 2007), Thomas Thune Andersen (52), Claus V. Hemmingsen
(45), Eivind Kolding (47), Søren Skou (42) and Søren Thorup Sørensen (41).
Contact: Chairman of the Board Michael Pram Rasmussen tel:+45 3363 3607
Group CEO Jess Søderberg tel: +45 3363 3612
Executive Vice President Lars-Erik Brenøe tel:+45 3363 3607
