Maersk Supply Service Selects New CFO

Maersk Supply Service has said that Karl Thorngren will take on the role of chief financial officer (CFO) on April 29, 2019.

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, Thorngren was Head of M&A and Projects at A.P. Moller — Maersk, as well as member of the Esvagt Board of Directors.

“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 Steen S. Karstensen.

Thorngren replaces CFO Michael Krabbe, who will move to a new role outside the company in January. During the interim period, the CFU 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.

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