London -- Hapag-Lloyd on March 5 named Peter Ganz as chief financial officer two weeks before the world’s fifth largest ocean carrier is due to be sold by its German parent TUI.
Ganz, 41, is replacing Maarten Henderson who stepped down after just six weeks into the job.
Ganz, who joined TUI in 2004, was appointed director corporate finance in September 2007 and was closely involved in the negotiations over the $5.7 billion sale of Hapag-Lloyd to the Hamburg-based Albert Ballin investor group.
TUI agreed last week to keep a larger than intended 44.3 percent stake in Hapag-Lloyd to clinch the sale after a key Albert Ballin investor sought to cut his holding amid financing difficulties.
Hapag-Lloyd also announced that Roland Kirch, recently named head of a new Development and Markets department, has been appointed to the carrier’s executive board. Kirch, 37, who joined Hapag-Lloyd in 2004 played a key role in the integration of CP Ships.