Maersk Supply Service Names Karstensen CEO

 

Karstensen comes from a position as Chief Procurement Officer and takes over from Jørn Madsen, who was recently appointed CEO of Maersk Drilling, effective November 7.

 

Karstensen joined the Maersk Group in 1986 and has had led a 30-year-career with the company in procurement, logistics, supply chain, in-house consultancy and other cross-functional areas. His previous role in Group Procurement included overseeing Maersk Maritime Technology, Maersk Oil Trading and Maersk Management Consulting.

 

”Steen Karstensen is a widely respected leader who has built a strong global procurement organization serving all of Maersk's business units, generating significant savings. Additionally, he has been responsible for Maersk Oil Trading and Maersk Maritime Technology, which has given him in-depth exposure to also the Energy related aspects of the Maersk business model,” said Group Vice CEO Claus V. Hemmingsen. “In addition, Steen helped in creating Maersk Management Consulting from scratch, which has brought talent and new thinking to our businesses.”