TORM CFO Zacho Resigns

May 24, 2016

Photo: TORM
Photo: TORM

Mads Peter Zacho, Chief Financial Offer at TORM, has resigned to become Chief Executive Officer at J. Lauritzen A/S.

Mads has been with TORM since 2013 and will remain with the company for a transitional period to effect an orderly handover of his responsibilities, TORM said.

Senior Vice President Christian Søgaard-Christensen, currently TORM's Head of Corporate Support and part of the Senior Management Team, has been named as acting CFO. Christian has been with the Company since 2010.

TORM's Board of Directors has initiated an executive search for a new permanent CFO.

Logistics News

Trump Administration Seeks to Negotiate with China on Shipping

Trump Administration Seeks to Negotiate with China on Shipping

CMA CGM Reverses Mali Suspension

CMA CGM Reverses Mali Suspension

LNG Canada Starts Up Kitimat Train 2

LNG Canada Starts Up Kitimat Train 2

Maersk Shares Q3 Report Above Forecast, Warns Falling Freight Rates Will Impact Q4

Maersk Shares Q3 Report Above Forecast, Warns Falling Freight Rates Will Impact Q4

Subscribe for Maritime Logistics Professional E‑News

Trump administration announces Boeing deals in Central Asia
Sources say that Lukoil is diverting oil from Azerbaijan into Russia due to sanctions
CMA CGM suspends Mali shipments due to safety concerns and fuel shortage