ShippingWatch

Rickmers replaces senior execs following decline

Ron Widdows, CEO of German Rickmers Group, will step down on Thursday, says the company on the same day it publishes an annual report showing a significant decline.

Photo: Rickmers Group

After just two years as the head of German Rickmers Group and Ricmers Line, CEO Ron Widdows will step down on Thursday.

This announcement comes on the same day the company published its annual report for 2013, which shows a significant decline across all parameters, with a net result after taxes of EUR 15 million, down from EUR 22.5 million in 2012. Revenue and operating profit (EBITDA) came to EUR 578.6 million and EUR 191.8 million, respectively, compared to EUR 618.3 million and EUR 244.4 million the year before.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Ane Uggla calls for policymakers to act on CO2 emissions

Ane Uggla, chair of the A.P. Moller Foundation, which is behind the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, calls for political action regarding CO2 emissions a few weeks before the next meeting in the IMO’s climate committee, MEPC.

Further reading

Related articles

Latest news

See all jobs