Vice CEO Claus V. Hemmingsen to leave A.P. Moller - Maersk due to closing of Energy division
Claus V. Hemmingsen will step down as Vice CEO of A.P. Moller – Maersk and CEO of the Energy division, having successfully concluded the separation of Maersk Tankers, Maersk Oil and Maersk Drilling as part of the transformation initiated in 2016 to focus A.P. Moller – Maersk on becoming the global integrator of container logistics.
The Energy division will close down latest by the end of June 2019, and Claus Hemmingsen will subsequently leave A.P. Moller – Maersk.
Claus Hemmingsen joined A.P. Moller - Maersk in 1981 as a shipping trainee and has been stationed in Hong Kong, Singapore and Denmark, where he has held several leading positions within both the shipping and offshore industries. He was CEO for Maersk Drilling from 2005 and until his appointment as Vice CEO of A.P. Moller – Maersk and CEO of the Energy division.
The Energy division has since 2016 found new ownership structures for Maersk Tankers, Maersk Oil and Maersk Drilling focused on protecting the assets and capabilities of the businesses. Thus while strengthening the financial flexibility of A.P. Moller - Maersk and freeing up resources to focus future growth on container logistics, executing on USD 12bn worth of corporate transactions.
Claus Hemmingsen will continue representing A.P. Moller – Maersk in his capacity as Vice CEO and CEO of the Energy division until he steps down.