Søren Skou is the Maersk Group's new super CEO

Søren Skou is the very model of a Maersk man with his roots squarely planted in the DNA of Denmark's by far largest shipping and oil group. He has been able to deliver, and he now stands to become the first dual-CEO in the history of the conglomerate.

Photo: Carsten Bundgaard

Rumors have abounded for a while that a reshuffle was underway at Maersk, and that the group's Chief Executive, Nils Smedegaard Andersen, would like be replaced within the near future. Meanwhile, Søren Skou looked increasingly like a safe bet to succeed Smedegaard after four years as CEO of the Maersk Group's biggest and most important business unit, container carrier Maersk Line.

Søren Skou has received widespread recognition for guiding Maersk Line through one of the worst crises in recent memory for the global container sector, a downturn triggered by an overcapacity of vessels compared to demand, and at a time of slow growth in the global economy.

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

Oil shipping states get loophole in EU's new Russia sanctions

In a new sanctions package against Russia, the EU cracks down on exporting the warring nation’s crude to third countries – despite protest from countries like Greece and Malta. Although several states are given leeway in new sanction demands the EU Commission otherwise considers ”water-tight”.

Further reading

Related articles

Latest news

See all jobs