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Home News Maersk's CTIO appointed to the executive board

Maersk’s CTIO appointed to the executive board

A.P. Moller – Maersk has decided to appoint chief technology & information officer (CTIO) Navneet Kapoor to the executive board of the company with effect from 1 April 2021.

[s2If is_user_logged_in()]The appointment is both a recognition of the role technology plays for the transformation of A.P. Moller – Maersk, and the strategic leadership capabilities of Navneet Kapoor, according to the company’s statement.

As CTIO since February 2020, Navneet Kapoor is responsible for building a competitive advantage from technology, a central element in the strategy of the company. The Danish carrier is in the middle of a multi-dimensional digital transformation that aims to build a new technology platform offering new digital products supported by standardised and automated processes across the company.

“Technology today is mission critical for A.P. Moller – Maersk and for our transformation. To succeed, we are investing in modern technology platforms with end-to-end standardised core processes,” said Søren Skou, CEO of A.P. Moller – Maersk.

Navneet Kapoor, executive VP and CTIO of A.P. Moller – Maersk will be a member of the company’s executive board from 1 April.

Navneet Kapoor is 50 years old and has been with A.P. Moller – Maersk since 2017 with various responsibilities, including chief transformation officer and head of global shared service centres.

Prior to joining Maersk, Navneet Kapoor was senior vice president, technology at Target Corporation, where he was instrumental in driving the digital transformation of the company, and before that, he also held various leadership roles in General Electric.

Jim Hagemann Snabe, chairman of the board of A.P. Moller – Maersk, commented, “We have turned an important corner in the transformation process that was initiated in 2016 with the aim of creating an integrated logistics company with growth and more stable profitability. A key pillar in our transformation is the use of technology to improve the interaction with our customer and build competitive advantage.”

The executive board of A.P. Moller – Maersk will hereafter consist of:

  • Søren Skou, CEO of A.P. Moller – Maersk
  • Patrick Jany, CFO of A.P. Moller – Maersk
  • Henriette Hallberg Thygesen, executive vice president A.P. Moller – Maersk and CEO of fleet & strategic brands
  • Vincent Clerc, executive vice president A.P. Moller – Maersk and CEO of ocean & logistics
  • Morten Engelstoft, executive vice president A.P. Moller – Maersk and CEO for APM Terminals
  • Navneet Kapoor, executive vice president and CTIO of A.P. Moller – Maersk

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