DGAP-News: Hapag-Lloyd ensures continuity within its executive management

ID: 1266320
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(businesspress24) - DGAP-News: HAPAG - LLOYD AG / Key word(s): Change of Personnel
Hapag-Lloyd ensures continuity within its executive management

24.09.2013 / 12:22

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Hamburg, 24 September 2013


Hapag-Lloyd ensures continuity within its executive management

Rolf Habben-Jansen to become the new Chairman of the Executive Board
on 1 July 2014 / Michael Behrendt to leave on 30 June 2014 as planned after
more than twelve years at the helm of the liner shipping company

At its meeting today, the Supervisory Board of Hapag-Lloyd AG has set the
course at an early stage for maintaining continuity in the Executive Board
of Germany's largest liner shipping company.

Rolf Habben-Jansen will succeed Chief Executive Officer Michael Behrendt,
who is set to leave in the middle of next year. Habben-Jansen (47) has been
appointed to the Executive Board of the Company with effect from 1 April
2014 and will assume the position of Chairman of the Executive Board on 1
July 2014. Habben-Jansen is a successful and experienced manager in the
logistics sector. Having held positions at the Royal Nedlloyd Group and at
DHL, he became CEO of the freight forwarding group Damco NV in The Hague in
2009.

Ulrich Kranich (63) will also leave the Company as planned on 30 June 2014
after 38 years. Kranich has been a member of the Executive Board since July
2006, where he has also held the position of COO since 2008 with
responsibility for the operational management of the global shipping
business. Anthony J. Firmin (59), who has worked at Hapag-Lloyd for 18
years, has been appointed as Ulrich Kranich's successor with effect

from 1 July 2014. Firmin is a member of the Executive Committee - the
extended circle of management below the Executive Board - and is currently


in charge of Yield Management&Network.

Michael Behrendt (62) will depart the Company as planned on 30 June 2014,
having already extended his contract again by a year at the request of
shareholders. He was appointed to the Executive Board of Hapag-Lloyd in
1999 and has been Chairman of the Executive Board since the start of 2002.
During his time as Chief Executive Officer, Hapag-Lloyd became one of the
five biggest liner shipping companies in the world in part as a result of
the successful takeover of the liner shipping company CP Ships.

'The Supervisory Board is certain that the appointment of Rolf
Habben-Jansen and Anthony J. Firmin is a superb choice for the Company.
Both of them have many years of experience in the logistics and shipping
sectors. It puts Hapag-Lloyd in an excellent position for the future,'
explained Dr Jürgen Weber, Chairman of the Supervisory Board of Hapag-Lloyd
AG.

'I am delighted with the Supervisory Board's decision to appoint Rolf
Habben-Jansen as my successor. Habben-Jansen is a manager who will
successfully confront the major challenges in international liner
shipping,' said Michael Behrendt.


End of Corporate News

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24.09.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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231593 24.09.2013



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Date: 09/24/2013 - 06:22
Language: English
News-ID 1266320
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