SHIPPING line Maersk has announced that Robert Maersk Uggla is nominated as the new chair of the board and Marc Engel as new vice chair, to be finalised at the annual general meeting on 15 March, 2022.

Current chair Jim Hagemann Snabe and vice-chair Ane Maersk Mc-Kinney Uggla won’t stand for re-election at the AGM, although Mr Hagemann Snabe will continue as an advisor to the new chair and the board of directors.

Ms Maersk Mc-Kinney Uggla has served on board since 1991 and been vice chair since 2003. She is also chair of the board of directors of A.P. Moller Holding, which initiated the transformation in 2016.

The transformation of A.P. Moller – Maersk into an integrated container logistics company is well underway as a result of the efforts of the board and the management led by Søren Skou.

“After three decades on the board, it is time for me to pass on the responsibility to Robert, who with his seven years on the board of directors has been a driving force in the development of A.P. Moller – Maersk,” Ms Maersk Mc-Kinney Uggla said.

“I would like to thank Jim for his vital role in the transformation, which he has executed with persistence and loyalty to the company’s history, name and long-term interests.

“Jim is handing over a strong company and a solid foundation for further development, and I am pleased that we will continue to benefit from Jim’s knowledge and insight,” she said.

Mr Hagemann Snabe has served on A.P. Moller – Maersk’s board of directors since 2016 and been chair since 2017.

He said, “It has been a privilege to be part of the reinvention of this unique company. The focus on the core business and the development of new capabilities within logistics, digitalisation and sustainability has been key to transforming the company.

“Robert has been involved all the way and during his time on the board has played a central role in the restructuring and transformation.

“The timing of a generational change is therefore well chosen. I know that Robert with dedication will build on the momentum that is now established and I look forward to contributing to the company’s continued development,” Mr Hagemann Snabe said.

Robert Maersk Uggla has been CEO of A.P. Moller Holding since 2016, where he is leading the A.P. Moller Group’s renewal and investments.

“I am very humbled to accept the nomination as chair of the company,” he said.

“I am grateful for Ane and Jim’s contributions to the company and their personal support also in the future.”