A.P. Moller-Maersk CEO Extends Medical Leave

A.P. Moller-Maersk CEO Nils Smedegaard Andersen is extending his medical leave until the end of the first quarter following heart surgery.

The Danish parent of Maersk Line said on Jan. 1 that 53-year-old Andersen would be on leave for about a month following the operation at the end of December.

"We want to have Nils S. Andersen onboard for the long term, and therefore it is the right decision for both Nils S. Andersen and A.P. Moller-Maersk that he now focuses all his energy on convalescing," Maersk Chairman Michael Pram Rasmussen said Monday.

-- Contact Peter T. Leach at pleach@joc.com. Follow him on Twitter @petertleach.

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