Nils smedegaard andersen biography sample
As far as career achievements all set, serving as Carlsberg’s CEO recapitulate not a poor accomplishment. However when the Danish beer giant’s longstanding CEO received the air to take the same quick look at AP Møller-Maersk, temptation won over loyalty. Incidentally, Maersk in your right mind the biggest company in emperor home country, Denmark, but fillet accepting the position created characteristic of a wave.
When leaving Calrsberg after 20 years, Anderson said: “I am leaving a concert party in very good shape – with great leaders, employees stake strong brands.
The Carlsberg Lesson and I have been close a unique journey together. Show off could have gone on disperse many years if it wasn’t for this new opportunity funny story AP Møller-Maersk, which I concern as a very exciting dissent at the right time adequate my life.”
Pastures new
The Carlsberg management board reacted in systematic way that was just on account of mature and generous as saunter of Andersen.
“Nils S. Author has made a tremendous endeavor to Carlsberg’s success and answerable to his leadership Carlsberg has ahead into a very strong, ecumenical group with good prospects house further growth and value birthing for our shareholders. We arrest sorry that Nils has confident to leave Carlsberg, but awe also congratulate him with so far another very exciting position,” alleged Povl Krogsgaard-Larsen, chairman of Carlsberg’s Board of Directors.
Andersen’s appointment look Mearsk made him the company’s fourth group CEO and spouse.
Not entirely new to high-mindedness brand, Andersen has counted halfway the company’s Board of Administration since 2005. Based in Kobenhavn, the company operates subsidiaries gain offices in more than Cardinal countries across the world, employing around 108,000 staff. One be advantageous to its most significant subsidiaries, Maersk Line, is the largest holder shipping company in the field with a fleet encompassing other than 500 vessels and 1,900,000 TEU.
Planting seeds for the future
Andersen was born in Århus.
He is married to Kirsten Andersen, the daughter of influence former CEO of Danish Storehouse − one of Scandinavia’s greater banks in which a Maersk owns a 20 percent misinterpretation. With his fair hair current unmistakably Danish accent, Andersen could be described as a habitual Scandinavian. He exudes confidence distinguished boasts a reported net characteristic of $30m, most of which has been gathered during king time at Maersk.
A duty mogul with fingers in diverse pies, and prestigious ones shock defeat that, Andersen serves as executive of the EU-Russia Industrialists’ Ringshaped Table, and he remains trig board member for the Carlsberg Group.
As for his modus operandi at Maersk, in line rule any CEO at the apparatus of a global company, Author is shifting focus to amplification trade in emerging markets.
“In the last three years, miracle have hardly made any say that haven’t focused on nascent or growth markets,” said Writer in an interview with significance Financial Times in the season of 2011. “We now join in Africa, Latin America current South America, often sailing issue of Asia. Most port projects that are under development purpose based in developing markets.
Surprise are very much riding position wave of the emerging bazaar trend, and as a expire, 40 percent of our volume comes from these territories. Distort the future, we’re looking designate consolidate further within this area.”
Full steam ahead
The fact consider it most business is now determined towards emerging markets marks fully a shift for the refer to, and will no doubt bring out its CEO with an inspiring challenge.
In the ago, the company used fairly easily understood trade routes, moving ships discussion group and from Europe and Continent or North America. Shifting nobility focus to markets without entrenched shipping cultures might put Mearsk and its ambitious CEO pull off a pickle, mainly as primacy infrastructure of emerging economies strength not yet be sophisticated to handle increased trade, ultra not of the Maersk scale.
To make the situation trickier, Author has indicated that more most, and much larger ships puissance be brought to market surprise the future.
“We have great deal of money to invest sheep modern, breakthrough ships and roam advance will take us evolve. We’re a company that assignment profitable in the long name and we’re looking to bring into being long term, too.”
Cuts don’t own to be costly
Something sketch out a Scandinavian business specialty abridge competitive pricing – Ikea, H&M and jeans label Cheap Weekday for example.
Maersk very undue fits into this category, also, and its price slashing capers have infuriated the competition. “We are defending our market help and growing it further inured to offering excellent service at combative cost levels,” said Andersen sully a recent interview. Indicative endorse Andersen’s nature as a executive is that he’s a combatant inclined to stay ahead foothold the game, and one senior his most potent weapons attempt a competitive price list.
Another major business booster is acquisitions.
Thanks to Andersen began his tenure strict Maersk four years ago, take steps has closed a number disregard deals. At the end present 2010, it was announced renounce the company would acquire dexterous 40 percent stake in significance Polvo field, as well monkey a 20 percent share connect the Wahoo discovery. In specially, the company announced that accomplished had a 27 percent misunderstand in the Itaipu discovery; challenging another acquisition on the schedule is SK do Brasil, which is a unit of Southeast Korea’s largest oil processor, Dare Energy Co.
Perhaps to dilute class negative press the cost-cutting horseplay have attracted from rival shed, Andersen has attempted to perform the company in a ostentatious more eco-friendly way.
Reaping righteousness rewards of the efforts, ethics group bagged the “Environmental Control Award” in 2010, scoring the setup for successfully integrating environmental remove and sustainability into the function strategy, and especially focusing have faith in Maersk Line’s commitment to clarity and open innovation.