ZIM announces CFO transition

ZIM Integrated Shipping Services has announced a leadership transition in its finance function, with CFO Xavier Destriau set to step down.

ZIM Integrated Shipping Services has announced a leadership transition in its finance function, with Chief Financial Officer Xavier Destriau set to step down from his role.

The company confirmed that Destriau will remain in his position during a six-month notice period to ensure a smooth and orderly transition. Following his departure, Sami Jubran will assume the role of Chief Financial Officer, as approved by the company’s Board of Directors.

During his tenure, Destriau played a key role in strengthening ZIM’s financial position and supporting major strategic milestones. These included the company’s initial public offering, the advancement of its fleet modernisation strategy, and navigating challenging global market conditions.

“During Xavier’s tenure, ZIM underwent a profound organizational and business transformation and achieved record financial results,” said Eli Glickman, President and CEO of ZIM. “Xavier’s contribution has been invaluable, guiding ZIM through some of its most important milestones with professionalism, dedication, and deep financial insight. We thank him sincerely for his outstanding work and wish him every success in his future endeavors. I would also like to congratulate Sami on his appointment as ZIM’s Chief Financial Officer. Sami brings to his new position deep financial expertise, broad business insight, and a thorough understanding of ZIM’s operations and strategy ensuring continuity and strong financial leadership at ZIM.”

Jubran, who joined ZIM in 2007, currently serves as Vice President of Financial Planning & Analysis and Budget Control, and is a member of the company’s senior management team. Over the years, he has held several senior financial roles both in Israel and internationally, overseeing key areas such as financial planning, budgeting and performance management.

He holds a bachelor’s degree in economics and accounting from the University of Haifa, an executive MBA from Bar-Ilan University, and is a certified public accountant in Israel.

The transition is expected to ensure continuity in the company’s financial leadership as ZIM continues to execute its strategic priorities.