rss icon Subscribe
desktop mobile

Hapag-Lloyd Appoints New CFO

 Mark Frese. Photo: Hapag-Lloyd AG

Shailaja A. Lakshmi

Hapag-Lloyd AG appointed Mark Frese to the Executive Board effective November 25, 2019. On March 1, 2020, he will become the new Chief Financial Officer (CFO), replacing Nicolás Burr.

Mark Frese (55) was most recently employed as the Chief Financial Officer of Ceconomy AG, the former Metro AG. Before that, he held various management positions at Metro AG and Kaufhof Holding AG.

"When Mark Frese joins us, we will be gaining a very accomplished and highly skilled expert with extensive experience and knowledge of the financial sector. The Supervisory Board is convinced that, in its new composition, the Executive Board will remain excellently positioned to lead Hapag-Lloyd to continued future success," said Michael Behrendt, Chairman of the Supervisory Board of Hapag-Lloyd AG.

Nicolás Burr (44) will be leaving the company on 29 February 2020 to pursue new projects in Chile. He began serving as CFO of Hapag-Lloyd AG in March 2015.

"During his five years with the company, Nicolás Burr has significantly contributed to its success, particularly when it comes to the mergers with CSAV and UASC as well as the IPO that took place in 2015. Nicolás Burr is among those responsible for the good financial position that Hapag-Lloyd enjoys today. We wish him all the best for the future," Behrendt said.

Nov 13, 2019

 

People & Company News

Carnival Makes Leadership Changes at HAL, Costa

Neil Palomba (left) and Gus Antorcha (Photos: Carnival Corp)

Carnival Corporation announced another set of moves within its global leadership team as part of

BV Opens Remote Survey Center in Singapore

(Photo: Bureau Veritas)

Bureau Veritas (BV) has opened a new remote survey center in Singapore, with more new locations to

American P&I Club, ABS Consulting Partner on Cyber Awareness

© your123 / Adobe Stock

Collaboration between risk management and insurance sectors will focus on education

Finance

Wave of N. American Oil and Gas Bankruptcies to Continue at $40 Oil

© Mike Mareen / Adobe Stock

A wave of oil and gas bankruptcies in North America is likely to continue this year as oil prices

Klaveness Lines Up Sustainability-linked Newbuild Financing

In May, the MV Barracuda made the first switch from dry cargo to jet fuel . (Photo: KCC)

Norwegian shipping company Klaveness Combination Carriers (KCC) said it has secured a $60 million

SAAM Places $42 Million in Bonds

(Photo: SAAM)

SAAM, operator of port, towage and logistics services in the Americas, placed a total of UF 1.

Maritime Apps