APMM's Claus Hemmingsen steps down as energy division closes

AP Møller-Maersk vice chief executive Claus Hemmingsen has announced he will step down, following the separation of Maersk Tankers, Maersk Oil and Maersk Drilling.

The move forms part of the company’s transformation initiative that started in 2016, with the result that the energy division, over which Mr Hemmingsen presides, will be closed by June.

He joined the company in 1981 as a shipping trainee and has served across the world, going on to leading positions across shipping and offshore divisions.

Chief executive Soren Skou thanked Mr Hemmingsen for the work he had put in and for his long association with the company.

“I have known Claus since 1985, we joined the executive board together in 2007 and have been working closely together on the transformation of AP Møller Maersk over the last two and a half years,” said Mr Skou.

“I have truly appreciated our partnership and friendship; Claus embodies the values of AP Møller Maersk and is an outstanding leader who has made many significant contributions.”

Mr Hemmingsen, who will remain part of the team until the energy division closes, said: “It has been an international career, and has provided challenges and endless opportunities across multiple industries, and the opportunity for my family to live abroad.

“I wish Søren Skou and all my colleagues all the best with the continued transformation and development.”