A.P. Moller-Maersk appoints Ditlev Blicher as new North America regional president, signaling focus on logistics business. Blicher previously served as regional president for Asia Pacific. Leadership reorganization includes new CFO and board member. Maersk shifts focus to steadier returns in logistics services amid competition in container shipping industry.

Maersk completes $1 billion phase of $2 billion stock buyback. Company relocates North American headquarters to Charlotte, NC, to cut costs and be closer to surging warehouse and distribution networks in the Southeast. Blicher joined Maersk in 2020, bringing extensive experience from various logistics companies.

Charles van der Steene moves from heading North America unit to managing director for Maersk’s India, Middle East, and African region. Maersk aims to become a full-suite logistics provider, focusing on sustainable growth and operational excellence for customers. Blicher expresses excitement to work with North American team to enhance logistics services.

Read more at Yahoo Finance: Maersk leans into logistics with new North American chief