ATP puts pressure on new Maersk CEO – logistics strategy must get results soon

Pension provider ATP wants Maersk’s logistics acquisitions, worth more than DKK 50bn (EUR 6.7bn), to start generating value for stakeholders. ”We still need to see that,” says the head of equities.
Claus Wiinblad, ATP's head of equities, calls for more information about Maersk's major logistics acquisitions. | Photo: ATP
Claus Wiinblad, ATP's head of equities, calls for more information about Maersk's major logistics acquisitions. | Photo: ATP
by dag holmstad, translated by Kristoffer Grønbæk & Simon Øst Vejbæk

Danish pension fund ATP has sent a clear message to Maersk’s upcoming CEO, Vincent Clerc, demanding that the shipping giant proves its major logistics venture will create value for shareholders soon.

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