Rodolphe Saade formally succeeds his father as chairman of CMA CGM

Rodolphe Saade

The ascension of Rodolphe Saade (pictured above) to the CMA CGM throne was completed at the end of last week after the French shipping line confirmed that his father, and the group’s founder, Jacques Saade (pictured below), had relinquished the chairman’s role to his son.

The move will effectively end Jacques Saade’s role with the group on an executive level and he will now go by the largely ceremonial title of founder-chairman.

Mr Saadé explained: “To prepare the future, on 7 February I ...