Financial News

Hamburg, 12 June 2019

CFO Nicolás Burr to take over new projects in Chile in 2020

Hapag-Lloyd Chief Financial Officer (CFO) Nicolás Burr will leave the company on 29 February 2020 with the end of his contract to take over new projects in Chile. Burr was appointed CFO of Hapag-Lloyd AG, and therefore a member of its Executive Board, in March 2015. His successor will be announced in due course.

"The Supervisory Board sincerely likes to thank Nicolás Burr for his commitment over the past years. His contribution was very valuable for the development of Hapag-Lloyd, particularly with regards to the last two mergers and the initial public offering in 2015. We wish Nicolás Burr all the best for his future," said Michael Behrendt, Chairman of the Supervisory Board of Hapag-Lloyd.

About Hapag-Lloyd
With a fleet of 235 modern container ships and a total transport capacity of 1.7 million TEU, Hapag-Lloyd is one of the world's leading liner shipping companies. The Company has around 12,800 employees and 398 offices in 128 countries. Hapag-Lloyd has a container capacity of approximately 2.5 million TEU - including one of the largest and most modern fleets of reefer containers. A total of 121 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents. Hapag-Lloyd is one of the leading operators in the Transatlantic, Middle East, Latin America and Intra-America trades.

Disclaimer
This press release contains forward-looking statements that involve a number of risks and uncertainties. Such statements are based on a number of assumptions, estimates, projections or plans that are inherently subject to significant risks, uncertainties and contingencies. Actual results can differ materially from those anticipated in the Company's forward-looking statements.