Tommy Mølgaard Leaves APM Terminals, Appointed Damco CFO

Damco announces the appointment of Tommy Mølgaard as Global Chief Financial Officer. Mølgaard takes up his position in Damco’s Headquarters after occupying the role of Head of Corporate Finance at APM Terminals.

Tommy Mølgaard brings with him over twenty years of experience in finance at a senior level in the Logistics sector. He gained extensive experience as CFO at corporate, country, regional and business unit levels- during various assignments with the A.P. Moller - Maersk Group in Europe, Asia, and the Middle East.

“Our ambition is to become a top 5 logistics player in the years to come. I am confident that Tommy, with his longstanding expertise in our sector, will help to lead our business forward," says Rolf Habben-Jansen, CEO Damco.

Tommy Mølgaard comments: “I am proud to work with this ambitious management team, one that is determined to continue building an agile organisation that will drive change and performance, while keeping our customers as the highest priority”.

About Damco

Damco is one of the world’s leading third party logistics providers specialising in customised freight forwarding and supply chain solutions. The company has 11,300 employees in over 300 offices across 90 countries and representation in a further 30 countries. In 2012, the company had a net turnover of USD 3,3 billion, managed more than 2,7 million TEU of ocean freight and supply chain management volumes and air freighted more than 210,000 tonnes. Damco is part of the A.P. Moller - Maersk Group.