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DFDS INITIATES CEO SUCCESSION PROCESS
Globenewswireยท 2025-11-06 06:32
Core Points - DFDS has initiated the search for a successor to CEO Torben Carlsen to lead the company in the next phase of its strategy execution towards long-term value creation [1][4] - Torben Carlsen will remain in his position until a successor is appointed to ensure continuity and maintain momentum in the current transition focus and cost reduction program [1][5] - The CEO succession aligns with DFDS's ongoing strategy, "Moving Together Towards 2030," which aims to strengthen the foundation for long-term performance and unlock the value of its extended network [2][4] Company Background - DFDS operates a transport network in and around Europe, generating an annual revenue of DKK 30 billion and employing 16,500 full-time staff [7] - The company provides transportation of goods via ferry, road, and rail, as well as logistics solutions, and also transports car and foot passengers on various ferry routes [7] - DFDS was founded in 1866 and is headquartered and listed in Copenhagen [7] Leadership Transition - Torben Carlsen has been with DFDS for over 16 years, serving as CEO since May 2019, and has led the company through significant acquisitions and macro challenges [3][4] - The Board of Directors expressed gratitude for Carlsen's leadership and contributions to strengthening DFDS's position and network, as well as driving the green transition [4] - During the interim period, Carlsen will continue to lead DFDS with the full support of the Board [5][6]