Green Hydrogen Hype Fades as High Costs Force Projects to Retreat
(Bloomberg) — Climate-friendly hydrogen was one of the most-hyped sectors in green energy. Now the reality of its high cost is taking its toll. In recent months, some of the...
Happe will take the position at a time where Maersk is undergoing a strategic transformation from a broader conglomerate including an oil business to a more focused shipping company.
The 45-year Swede, who comes from a CFO position at the world’s biggest lock group Assa Abloy, will start on Jan. 1 2019 at the latest, Maersk said in a statement.
The move comes after former CFO Jacob Stausholm stepped down in March after the company decided to separate the finance role from its IT and digital transformation function. He later took up the CFO position at mining company Rio Tinto .
(Reporting by Stine Jacobsen in Copenhagen, additional reporting by Johannes Hellstrom in Stockholm editing by Louise Heavens)
(c) Copyright Thomson Reuters 2018.
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