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Maersk rearranges finance and IT

The departure of Jakob Strausholm, who took the role as chief finance, strategy and transformation officer in December 2016, comes after Maersk made a decision to separate the finance role from its IT and digital transformation function, the company said. The first will be a fully focussed finance function, and the second is focuses on IT, strategy, digital and transformation.

Jakob Stausholm now chief finance, strategy and transformation officer and a director of AP Moller - Maersk has made a decision to leave the group the Danish shipping company.

The IT function will report directly into the company's CEO Søren Skou. "Jakob inspires as well as challenges the organization", said Skou. "I would like to thank Jakob for a good partnership and his contribution and I wish him all the best in the future".

More news: PVG Asset Management Corp Takes Position in Western Gas Partners, LP (WES)

The news of Mr Stausholm's departure comes as a big surprise; not least because of his prominent role in Maersk's recent 2017 earnings call conference and its Capital Markets Day investor presentation in Copenhagen. I very much agree with the new organizational design. "With this organisational change, we expand our management capacity within digitalisation to accelerate the transformation", said AP Moller-Maersk chairman of the board of directors, Jim Hagemann Snabe.

Maersk shares were down 2.9 percent at 0900 GMT.



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