Skou Replaces Andersen as Maersk CEO

Danish shipping and oil company A. P. Moller-Maersk has appointed Soren Skou, head of its container shipping unit Maersk Line, as new chief executive for the group replacing Nils Smedegaard Andersen who has been in the job since 2007.

Soren Skou will remain as CEO of Maersk Line in addition to his position as CEO for the Maersk Group. Andersen will leave the group, Maersk said in a statement.

"The Board of Directors has tasked the new management to investigate the strategic and structural options to further increase agility and synergies," it said.

Reporting by Teis Jensen