Morten Engelstoft, current APM Terminals Chief Executive Officer, has decided to retire. He will be succeeded in the CEO role by current COO Keith Svendsen, with Henriette Hallberg Thygesen appointed as the company’s new Chairperson.
A.P. Moller – Maersk announces that Henriette Hallberg Thygesen, Executive Board Member, will be appointed as new Chair for APM Terminals, and Keith Svendsen, currently COO in APM Terminals, will be appointed CEO of APM Terminals. The change follows the decision of Morten Engelstoft, Executive Board Member and current CEO of APM Terminals, to retire after 36 successful years with A.P. Moller – Maersk. The change in leadership will take effect from 1 July 2022.
The past six years of Morten’s career has been at the helm of APM Terminals, where he has led the company through a very successful turnaround. Morten hands over a business on a very positive performance trajectory which delivers attractive, stable, and high returns.
