Hapag-Lloyd exec takes over as Chairman

When Michael Behrendt, CEO of container carrier Hapag-Lloyd, steps down this summer he will move directly to another position at the same company.

Hapag-Lloyd CEO Michael Behrendt will not leave the company completely when he steps down this summer, handing over the job to former Damco CEO Rolf Habben-Jansen.

Instead, Michael Behrendt will become Chairman on the carrier's Board of Directors, says the company in a press release. Hapag-Lloyd, which recently settled a merger with Chilean CSAV and is set to become the world's 4th largest container carrier, has thus completed its management reshuffle.

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