Maersk Supply Service appoints new CEO

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Maersk Supply Service has appointed Steen S. Karstensen as its new CEO. Karstensen has worked for Maersk since 1986, having served most recently as Chief Procurement Officer.

He takes over from Jorn Madsen, who has been appointed CEO of Maersk Drilling.

Karstensen’s previous role in Group Procurement included overseeing Maersk Maritime Technology, Maersk Oil Trading and Maersk Management Consulting. These areas had a combined workforce of over 800 employees located in 20 different countries.

Group Vice CEO Claus V. Hemmingsen commented, “Steen Karstensen is a widely respected leader who has built a strong global procurement organization serving all of Maersk’s business units, generating significant savings. Additionally, he has been responsible for Maersk Oil Trading and Maersk Maritime Technology, which has given him in-depth exposure to also the Energy related aspects of the Maersk business model.”

Source: Maersk