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Maersk cfo Carolina Dybeck Happe quits to join GE

AP Moller – Maersk cfo Carolina Dybeck Happe is quitting the Danish shipping giant just weeks after the departure of coo Soren Toft was announced.

The announcement that Happe is to leave Maersk by end November 2020 comes just two weeks after Toft quit to join rival and 2M alliance partner MSC as ceo.  

Happe is leaving Maersk to join GE as senior vice president and cfo, and according to a statement from the company will join in “early 2020”. GE chairman and ceo H. Lawrence Culp, Jr., said, “Carolina is a proven global cfo with a superior track record of delivering results and creating value.”

She only joined the Danish shipping company as cfo and a member of the executive board at the start of the year having moved from Assa Abloy.

"Over the past year, AP Moller - Maersk has progressed well financially, illustrated by the latest earnings upgrade in October 2019. With a reinforced financial foundation, we are well positioned for future growth,” said Soren Skou, ceo of Maersk.

“I would like to thank Carolina for her short, but productive time at AP Moller - Maersk. She is committed to building on the progress that has been made and ensuring a smooth and orderly handover. She will leave in 12 months at the latest.”

After Toft’s sudden departure earlier this month Happe was one of four remaining members of the company’s executive board. The board also comprises Skou as ceo and acting coo, Vincent Clerc as cco, and Morten Engelstoft, ceo of APM Terminals.

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