Toft’s surprise move makes good sense for both sides
The former Maersk executive will help to share the load at the top for the Aponte family, who head one of the world’s biggest shipping empires
The Aponte family has kept a firm grip on MSC, but bringing in outside expertise is understandable at a time when container shipping is being pulled in so many different directions by new technologies, environmental regulations, cyber risk, geopolitics, cargo safety, consolidation, and the need to transform the industry into one of sustained profitability
If content does not display, please refresh your browser.
Subscribe
Not ready to subscribe? Sign up for free articles and daily news updates.
Sign Up For Updates