APL President Eng Aik Meng announced his resignation on Wednesday, expanding a rapid overhaul in the top leadership at one of the world’s largest container shipping lines.
Neptune Orient Lines named Kenneth Glenn, a 32-year industry veteran who is now APL’s president for North Asia, as Eng’s replacement at the top of the Singapore-based company’s shipping subsidiary.
Eng’s departure effective Sept. 1 follows the announced resignation’s of NOL Group CEO Ron Widdows and trans-Pacific trade chief Bob Sappio in recent weeks and the appointment of Ng Yat Chung, a veteran of the Singapore military, as Widdows’ replacement.
NOL said Eng was leaving APL after 18 years at the business to take another position outside the transportation industry.
“We understand Aik Meng's desire to begin a new phase in his career, and we thank him for his contributions to NOL,” Widdows said in a statement. “At the same time, we are excited to put APL under the direction of a veteran leader who has a very broad background in geographic and trade management and deep commercial skills developed over 32 years, the last 10 with NOL and APL.”
Glenn is a former Sea-Land executive who joined APL in 2000 as senior vice president of Asia-Europe trade. He has been president of North Asia since 2009.