Tommy Molgaard of APM Terminals appointed global CFO for Damco

MAJOR global third party logistics provider, Damco, a subsidiary of the AP Moller - Maersk Group has appointed Tommy Molgaard as global CFO, and takes up his position in Damco's headquarters in Demark after occupying the role of head of corporate finance at APM Terminals.

Mr Molgaard brings with him over twenty years of experience in finance at a senior level in the logistics sector. He gained extensive experience as CFO - at corporate, country, regional and business unit levels- during various assignments with the A P Moller - Maersk Group in Europe, Asia, and the Middle East.

"Our ambition is to become a top five logistics player in the years to come. I am confident that Tommy, with his longstanding expertise in our sector, will help to lead our business forward", says Damco's CEO Rolf Habben-Jansen.

Mr Molgaard comments: "I am proud to work with this ambitious management team, one that is determined to continue building an agile organisation that will drive change and performance, while keeping our customers as the highest priority".