Thursday, February 9, 2017

Jacques Saadé appoints son CEO of CMA CGM shipping. Rodolph Saadé groomed to take over group


Jacques Saadé announced, on this 80th birthday, that he is to step down as Chief Executive Officer (CEO) of the CMA CGM Group conglomerate in favor of his eldest son Rodolphe. Jacques Saadé remains Chairman of the Board of Directors.

CMA CGM is the world's third largest containership operator, with a fleet of 454 ships (109 owned and 345 chartered) with a total capacity of 2.1 million TEU fleet, according to Alphaliner statistics. The company was founded in Marseilles by...

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