December 10, 2021

New CEO for Wallenius Wilhelmsen

Pictured: the new CEO of Wallenius Wilhelmsen. Photo credit: Lasse Kristoffersen.

By Wallenius Wilhelmsen.

Lasse Kristoffersen has been named as the new CEO of Wallenius Wilhelmsen (OEX: WAWI). Mr Kristoffersen will start in his new role no later than 01 June 2022.

“We are very pleased to welcome Lasse Kristoffersen to Wallenius Wilhelmsen. With his background and experience, we are confident that he, together with our experienced team, will continue to strengthen the company’s competitive advantage, for the benefit of our customers, employees, investors, and other shareholders,” said Rune Bjerke, who is the chairman of the board of Wallenius.

Lasse Kristoffersen joins Wallenius Wilhelmsen from the role of President and CEO in Torvald Klaveness, a role he has held since 2011. Prior to that, he was Head of Specialized Dry Bulk activities in the same company. Before Klaveness, he worked for 11 years in Det Norske Veritas. He holds a Master of Science in Naval Architecture and Marine Engineering from NTNU.

“I look forward to joining Wallenius Wilhelmsen and to become part of its excellent team. I am impressed by the global impact the company has and see exciting opportunities for the company in the years to come. In a world that is decarbonizing and digitalizing, Wallenius Wilhelmsen is well positioned to continue creating new and sustainable solutions,” says Kristoffersen.

The board has conducted a thorough, global search process to fill the position. Kristoffersen brings a wealth of experience from shipping, logistics, technology, sustainability and safety – a quite unique combination we believe makes him particularly suited to lead Wallenius Wilhelmsen,” says Bjerke.

The board extends its gratitude to CFO Torbjørn Wist, who assumed the role of acting CEO in March 2021. He will continue to hold the role of acting CEO until Lasse Kristoffersen starts, no later than 1 June 2022.

“Torbjørn will be an important partner for the new CEO and ensure continuity in the company’s direction. With the strong quarterly results, Wallenius Wilhelmsen is well positioned for the future,” says Bjerke.

The Wallenius Wilhelmsen group is well-known for its ro-ro shipping and vehicle logistics business, transporting cars, trucks, rolling equipment and breakbulk around the world. The company operates over 130 vessels servicing 16 trade routes to six continents, and a global inland distribution network, 120 processing centres, and 11 marine terminals.

The Wallenius Wilhelmsen group consists of Wallenius Wilhelmsen Ocean, Wallenius Wilhelmsen Solutions, EUKOR and ARC. The group is headquartered in Oslo, Norway. It has 8,200 employees in 29 countries worldwide.

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