Damco announces new European CEO

Damco – one of the world’s leading providers of freight forwarding and supply chain management solutions – has appointed Flemming Frost as new CEO for Europe. His major task will be to grow Damco’s market presence.

Flemming Frost (49) will from January 1st 2012 assume the role as CEO for Damco’s activities in Europe, replacing Kim Hedegaard Sorensen.

“Damco has a strong team in Europe and an exciting portfolio of customers, which will enable further growth, both in mature and developing markets”, says Flemming and adds, “The current economic climate puts a lot of pressure on customers supply chain and transportation related costs and I believe Damco is well positioned to help reduce these costs”.

Flemming Frost has been with the A.P. Moller-Maersk Group for 27 years, and comes from a position in Damco North Asia overseeing the branch operations in Mainland China, Hong Kong and Taiwan. He has held different positions in North Asia over the past 7 years. Before that he was globally responsible for the Ocean, Air and VAS products, domiciled in Copenhagen. Flemming has a total of 12 years experience within the industry.

Flemming will be part of the Damco Global Leadership Team and report to Rolf Habben-Jansen, CEO Damco. He will be working from the Damco European Regional Head Office in Rotterdam.

Further information:
Christian Bentsen, Damco Press Officer
Phone: +45 5124 5355

Christian Hongaard, Global Head of Marketing
Phone: +45 3045 4106

About Damco
Damco is one of the world’s leading third party logistics providers specialising in customised freight forwarding and supply chain solutions, offering a broad range of services to customers all over the world. The company has 10,500 employees in over 280 offices across 90 countries and representation in 120 countries in Africa, Asia, Australia, Europe, North America, Middle East, and Latin America. In 2010, the company had a net turnover of over USD 2.7 billion, managed more than 2.4 million TEU of ocean freight and supply chain management volumes and air freighted more than 75,000 tons.
Damco is an independent business unit within the A.P. Moller – Maersk Group.

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