5 December 2018

Karl Thorngren will take on the role of Chief Financial Officer (CFO) in Maersk Supply Service as of 29 April 2019.

Karl Thorngren, currently CFO of Svitzer Australia, has held leadership positions within the field of corporate finance for 15 years, and has worked within the maritime industry since 2010.

“I look forward to joining a company which is engaged in diversifying its business and delivering solutions to the energy sector. Ensuring the Business Services function supports Maersk Supply Service’s global operations in the best way possible will be paramount to the company’s success as it moves into new industries and segments,” says Karl Thorngren.

Prior to his role at Svitzer Australia, Karl Thorngren was Head of M&A and Projects at A.P. Moller- Maersk, as well as member of the Esvagt Board of Directors. Karl Thorngren holds an MSc in Accounting and Finance from the Stockholm School of Economics.

“I am confident that we have found a strong match for Maersk Supply Service in Karl. He brings with him an impressive track record within global finance and the maritime industry and will be a great asset in strengthening the future of Maersk Supply Service,” says CEO SteenS. Karstensen.

Karl Thorngren replaces CFO Michael Krabbe, who will move to a new role outside the company in January. During the interim period, the CFO role will be covered by Mads Winther, Senior VP and Head of Strategy and M&A for the Energy division of A.P. Moller- Maersk.

As CFO, Karl Thorngren will report to CEO SteenS. Karstensen and will be a member ofthe Senior Management Team in Maersk Supply Service.

About Maersk Supply Service

Maersk Supply Service provides marine services and integrated solutions to the energy sector worldwide. Maersk Supply Service is the market leader in deep-water services such as anchor handling in ultra-deep water, mooring installations, rig moves and transport of equipment to drilling rigs and production units. Maersk Supply Service employs an international staff of around 1100 offshore and 200 onshore people. Headquartered in Lyngby, Denmark, Maersk Supply Service is represented globally with offices in Aberdeen, Accra, Luanda, Mexico City, Perth, Rio de Janeiro, Singapore, and St. John’s.

Maersk Supply Service is a part of the stand-alone Energy division of A.P. M?ller – M?rsk A/S. A. P. M?ller – Maersk A/S employs roughly 88,000 employees across operations in 130 countries.

For more information about Maersk Supply Service, please visit the website at?www.cubicpt.com

Media Contacts (Maersk Supply Service)

Maria Zacho Rasmussen

Mobile: +45 2443 8810

Email: Maria.Zacho@maersksupplyservice.com

Hayley Palmer

Mobile: +45 2142 0699

Email: Hayley.Morgan.Palmer@maersksupplyservice

VIEW ALL PRESS RELEASES