CEO to Leave Port

Port of Goteborg AB president and CEO since 1996, Gunnar Nygren will be stepping down in March 2002. At 60, he is planning to take early retirement. “This is a decision that was triggered partly by my turning 60 but even more so by the fact that the Port is now in a position where the future demands more long-term leadership than I will be able to offer,” comment Gunnar Nygren. He quotes key investments that are under way in the Port of Goteborg, especially the entrance channel enhancement and the capacity boost in the container terminal. During his time as president and CEO at Port of Goteborg AB, a long-term vision for the port’s development was launched and investments of $150 million have been decided and partially realized. Nygren will continue working with the IAPH, ESPO and GSC organization until their respective annual meetings in 2002. Nygren joined Port of Goteborg AB as president and chief executive officer in 1996, completing a career in shipping, transport and logistics that has spanned his entire career.