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Another senior executive leaves Maersk: Carolina Dybeck Habbe goes to GE

PortandTerminal.com, November 25, 2019

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

COPENHAGEN – GE today announced that Carolina Dybeck Happe, Chief Financial Officer and Executive Vice President of A.P. Moller-Maersk, has been named Senior Vice President and Chief Financial Officer of GE, effective in early 2020. Happe has chosen to resign from her position as CFO after a mere 11 months at Maersk.

Habbe (right) exits Maersk shortly after the departure of Søren Toft who it was announced last week will be the new CEO of rival shipping line MSC

Ms Habbe is the second senior executive to leave this month. Last week we reported that Søren Toft, formerly the COO at Maersk, had left the company to take on the role of CEO at rival shipping line MSC.

As CFO at Maersk, Ms Habbe has been instrumental in driving strategic and structural change amidst significant market disruption, including executing a substantial deleveraging plan and reshaping the company’s portfolio to deliver more profitable growth.

She has been recognized as a top-ranked CFO in European capital goods multiple years by numerous leading publications and associations, and she is also an accomplished director in the energy and electrical equipment industries, serving on the Boards of Directors of E.ON and Schneider Electric.

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 CCo, and Morten Engelstoft, CEO of APM Terminals.

General Electric Co. said it hired an executive at A.P. Moeller-Maersk A/S as its next chief financial officer, tapping another outsider to help the American conglomerate turn around its operations.

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