Mariners Rescued from Disabled Barge Off Rhode Island
Three mariners were rescued from a disabled barge off the coast of Point Judith, Rhode Island on Wednesday after their tug sank. The U.S. Coast Guard reports that watchstanders at...
(Dow Jones) Danish shipping and oil conglomerate A.P. Moller-Maersk (MAERSK-B.KO) said Monday that Chief Executive Nils S. Andersen’s sick leave has been extended by six to eight weeks to undergo corrective surgery in connection with the prosthetic cardiac valve he got late December last year.
It was previously planned that Andersen would resume his duties today Monday, the company said, adding that the surgery is scheduled for Wednesday 28 March.
Until now, and going forward, the executive board will run the A.P. Moller-Maersk Group. During Andersen’s absence, the individual members of the executive board will refer to the Chairman of the Board, Michael Pram Rasmussen.
“We have a real strength in having a top executive management team, which works closely together and has in-depth knowledge of each other’s business areas, and at the same time has the needed authorization to take swift decisions. The management team […] will also be able to handle the extension of Nils S. Andersen’s sick leave without any loss of momentum,” Michael Pram Rasmussen said in a statement.
At 1017 GMT, shares were down 1.6% at DKK43,160.00.
-By Jens Hansegard, Dow Jones Newswires
Join the 62,975 members that receive our newsletter.
Have a news tip? Let us know.