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Maersk Container Industry appoints new CEO

Maersk Container Industry has appointed a new CEO after the sudden farewell to Stig Hoffmeyer in late September this year. An American executive takes over the reins.

Photo: Maersk Container Industry

One of the five core companies of Maersk's Transport & Logistics unit, Maersk Container Industry (MCI), will be headed by an American chief executive going forward.

MCI informs in a press release that the company has appointed president of Joy Global China, Sean S. Fitzgerald as its new chief executive.

"We are very pleased to welcome Sean S. Fitzgerald to lead Maersk Container Industry in its next level of development. Having returned to profitability after some tough years, the company is facing a number of opportunities, but also many challenges in an industry more competitive than ever," says Søren Toft, Chairman of the Maersk Container Industry Advisory Board and COO at Maersk Line, in a press release Friday.

Since 2014, Fitzgerald has served as President at Joy Global China, part of the Japanese manufacturing company Komatsu Mining Corp, leading a footprint of eight plants in China. Prior to this, he was Regional Vice President of Joy Mining Machinery, responsible for 13 plants in the Americas. He has also held executive positions over the course of almost 10 years at General Electric.

5,000 employees

"Maersk Container Industry represents a brand and heritage that I am proud to join and build upon together with the wider organization," says Fitzgerald in the press release.

"I look forward to leverage my experience in heavy equipment manufacturing to build on the company’s strong position in the market. Moving ahead, we will aim to further develop Maersk Container Industry as a profitable company that offers innovative, state-of-the-art container equipment and technology to its many customers."

As CEO of Maersk Container Industry, Fitzgerald will assume overall responsibility for the strategic direction and the overall operations of the company including its more than 5,000 employees in three container manufacturing plants in Chile and China and its R&D centre in Denmark.

Fitzgerald holds an MBA from the J.L. Kellogg Graduate School of Management, Northwestern University and he is a Bachelor of Science graduate in Civil Engineering from the United States Military Academy.

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