DFDS Initiates CEO Succession Process
The Board of Directors at DFDS has embarked on a search for a new Chief Executive Officer to succeed Torben Carlsen, who has been with the company for 16 years. As the company prepares for this transition, Carlsen will continue in his role until a successor is chosen, ensuring that operations remain steady and focused on strategic goals.
Strategic Direction and Long-term Value
In the evolving landscape of transportation and logistics, DFDS aims to enhance its market position through the effective execution of its Moving Together Towards 2030 strategy. The CEO change represents a commitment to ongoing growth and increased value creation. Carlsen's extensive experience and leadership have been pivotal in directing the company through significant industry challenges and expansions.
Recent Achievements Under Torben Carlsen
Torben Carlsen joined DFDS in 2009, progressing from Executive Vice President and CFO to his current role as CEO since May 2019. His tenure has been marked by substantial achievements, including strategic acquisitions like Norfolkline and the integration of UN RoRo into DFDS's offerings. Moreover, he has adeptly navigated macroeconomic obstacles such as Brexit, the COVID-19 pandemic, and inflation, all while steering the company towards a greener focus and expansion of its operational scope.
Praise from Leadership
Claus V. Hemmingsen, Chair of the Board, expressed gratitude towards Carlsen for his unwavering leadership. "Carlsen has strengthened DFDS and enhanced its network, laying the groundwork for our future growth. His commitment during the transition phase will be invaluable as we continue with our strategic objectives and a cost reduction initiative," Hemmingsen remarked.
A Commitment to Continued Service
Even as a search for a new CEO is underway, Torben Carlsen has voiced his dedication to helping DFDS thrive through this transition. He remarked on the privilege of serving the company and emphasized the robust capabilities that DFDS possesses as it shifts into a new operational chapter. His aim has been to responsibly steer the organization while fostering sustainable growth, which he believes prepares DFDS well for the future.
Support from the Board
The Board of Directors will provide full support during the interim leadership period, ensuring that the company's strategic initiatives continue to be prioritized. This proactive approach is crucial for maintaining momentum in the current cost reduction program while upholding the vision set forth for the company.
Contact Information
For further information, interested parties may contact the following individuals:
Torben Carlsen, CEO: +45 33 42 32 01
Karen Boesen, CFO: +45 20 58 58 40
Søren Brøndholt Nielsen, IR: +45 33 42 33 59
Dennis Kjærsgaard, Media: +45 42 30 38 47
About DFDS
Founded in 1866, DFDS has grown into a vital transportation network across Europe, reporting an impressive annual revenue of DKK 30 billion with 16,500 dedicated employees. The company specializes in transporting goods using a variety of methods including ferries, road, and rail, and offers comprehensive transport and logistics solutions. DFDS also serves both car and foot passengers via its extensive ferry routes.
Frequently Asked Questions
What prompted the CEO succession process at DFDS?
The Board of Directors initiated the search for a new CEO to ensure strong leadership aligns with the company's long-term strategic goals and to maintain momentum during the transition.
Who will continue leading DFDS during the transition?
Torben Carlsen, the current CEO, will continue in his role until a successor is appointed, ensuring continuity and support for ongoing strategic initiatives.
What significant changes has Torben Carlsen implemented?
Carlsen has overseen key acquisitions and expansions while navigating major industry challenges, focusing on sustainable growth and strength in the company's operations.
What is DFDS’s focus going forward?
DFDS will continue executing its Moving Together Towards 2030 strategy, aiming for sustainable growth and unlocking the potential of its extensive network in the logistics sector.
How can stakeholders reach company representatives?
Stakeholders can contact DFDS representatives through the provided phone numbers for inquiries regarding operations or the CEO succession process.
