Philip Oetker leaves Hamburg Sued

Philip Oetker is leaving Hamburg Süd, the last family member linked to the previous owner of the famous German shipping company.

Maersk bought Hamburg Süd from the Oetker family in 2017 and gradually integrated the line into the Danish airline’s global operations.

In January of this year, Maersk announced the transition to a single, unified brand, with shipping companies including the 152-year-old Hamburg Süd being discontinued and integrated into Maersk. Since then, a number of Hamburg Süd ships have lain in and out of dry dock, with Maersk’s blue color covering the German transport company’s famous red, and ships have also been renamed, with, for example, the Hat Saint Nicholas is now this San Nicolas Maerskand also has different hull markings.

Hamburg South was founded in 1871. From 1955 to 2017 it belonged to the Oetker Group and was then sold to Maersk for US$4.4 billion.

Philip Oetker will remain with Hamburg Süd as Chief Commercial Officer, but announced yesterday via social media that he will be leaving the company at the end of July.

“While Winnie the Pooh may not be a regular LinkedIn post, in this case his words accurately reflect how I feel: ‘How lucky I am to have something that makes saying goodbye so difficult,'” Oetker wrote, pulling a veil over his 16-year career with the German line. He remains on the advisory board of the Oetker Group, one of the largest German family groups with interests in the areas of food, beverages, hotels and logistics.

Related Articles

Back to top button