Tina Revsbech is returning to Maersk Tankers as chief executive, replacing the departing Christian M Ingerslev, the pool operator announced on Monday.
Revsbech started her career as a trainee with the company when it was part of AP Moller-Maersk and returns after an 18-year gap, according to her LinkedIn profile.
She left Canadian dry bulk company Fednav International last month to return to Europe to be closer to her family, her former employer said. Maersk Tankers announced on Monday that she will take up the reins later this year.
During her first stint at Maersk Tankers, Revsbech rose in 15 years to head the company in the Americas and Singapore before becoming head of chartering.
Stints followed at product tanker firm Torm and Shell before she became chief executive of BW Tankers for three years.
Her appointment at Maersk Tankers follows a series of management moves at the company over the past year as its tanker pool has been cut in number, largely because of the structural changes within the industry following Russia’s invasion of Ukraine.
Chair Robert M Uggla, described Revsbechs’ commercial record as “outstanding”.
“Tina joins Maersk Tankers at a crucial time in shipping with energy security disrupted and global energy markets increasingly fragmented due to geopolitical developments,” he said.
“At the same time, the industry is facing the beginning of a green transition with implications and opportunities for many parts of the value chain.”
Fednav chief executive Paul Pathy said last month that Revsbech had done “excellent work” during her three years at the company and “leaves in good standing”.
The latest changes at the tanker pool specialist came in March, when chief commercial officer Eva Birgitte Bisgaard stepped down.
Industry veteran Jesper Bo Hansen was charged with helping to rebuild the shipping pools, which lost nearly one-third of its vessels from the 220 on its books at the start of 2022.
Revsbech said: “Maersk Tankers has gone through a significant structural transformation over the last years.
“I am excited to take on the responsibility to accelerate growth and to develop our service offering to remain the leading tanker company.”
Morten Mosegaard Christensen, CFO at Maersk Tankers, will run the company as interim chief executive until Revsbech takes over.
Ingerslev, who has served nearly seven years as CEO, will move to the same role at offshore service company Maersk Supply Service.
Danish investment firm AP Moller Holding announced in March that it had acquired the company from AP Moller-Maersk.
Maersk has moved away from energy-related activities, divesting Maersk Tankers, Maersk Oil & Gas and Maersk Drilling in 2017-2019. Maersk Supply Service is the last of the programme.
Ingerslev was in charge of the separation of tanker activities from Maersk in 2017 and restructured the business during his time in charge, said Uggla.
The deal was closed on Monday with Ingerslev installed by a new board.
“I look forward to joining the team as it takes its first steps as an independent company while addressing the energy challenges of tomorrow,” said Ingerslev.
He replaces Steen Karstensen, who has headed Maersk Supply Service since 2016 and has been with the company for 37 years.
The new chairman, Martin Larsen, AP Moller Holding’s CFO, said Ingerslev has shown great leadership in his previous roles.
“With Christian at the helm, we are confident that we will have a smooth transition into an independent offshore service company, while preparing Maersk Supply Service to grow its business to further support the energy transition,” Larsen added.
The new Maersk Supply Service board includes vice chairman Morten Engelstoft, former CEO of APM Terminals; and Kristin Holth, DNB’s former global head of ocean industries; AP Moller Holding’s human resources chief Maria Pejter; and Copenhagen Infrastructure Partners’ chief investment officer Martin Neubet.
