Etihad's Martin Drew now chief strategy and transformation officer for Atlas Air
News that Martin Drew, former Etihad executive, has joined Atlas Air has taken the market ...
Hapag-Lloyd has appointed Mark Frese (pictured above) to replace Nicolás Burr as its chief financial officer.
Mr Frese will join Hapag-Lloyd’s executive board on 25 November and take over Mr Burr’s role on 1 March 2020.
The 44-year-old Mr Burr, who began serving as Hapag-Lloyd CFO in March 2015 following its acquisition of CSAV, will leave on 29 February “to pursue new projects in Chile”.
Hapag-Lloyd chairman Michael Behrendt said: “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.”
Mr Frese, 55, was most recently CFO of consumer electronic retailer Ceconomy. Before that, he held various management positions at Metro and Kaufhof Holding.
“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,” Mr Behrendt added.
Knights of Old parent enters administration, but sister firm Nelson is saved
'Freefalling' Asia-North Europe rates shed half their value in three weeks
China Railways launches new 50ft container designed for express rail services
Maersk and Hapag-Lloyd offer their guides to 2024 ETS surcharges
MSC's second-hand ship shopping spree continues despite declining vessel values
Little hope of 2024 upturn in box shipping trades, says Yang Ming
Forwarders and box lines will carry on with their own air networks
Manufacturing boom in India drives up intra-Asia freight rates
Rush for e-commerce capacity could trigger airfreight rate rise
Mexico-US trade flows checked as borders become pressure points
Lidl-owned Tailwind targets apparel shippers on its China-Europe services
Carriers hunt e-commerce volumes as China-UK air freight capacity jumps
Air India targeting pharma trade with air freight fleet capacity set to quadruple
Are China’s ports and shipping companies being used to spy on the world?
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article