Changes in the Board of Directors of Associated Danish Ports A/S and its subsidiary Taulov Dry Port A/S
In connection with the Annual General Meeting of Associated Danish Ports A/S to be held on March 28, 2023, the following changes are proposed to the Boards of Directors of Associated Danish Ports A/S and Taulov Dry Port A/S.
The current Board of Directors consists of CEO Erik Østergaard, Chairman, Mayor Steen Wrist, Fredericia, Vice Chairman, CEO Jens Ellegaard Andersen, Lawyer, Brigadier General Christian Herskind, City Councillor Tommy Rachlitz Nielsen, Fredericia, City Councillor Peter Wagner Mollerup, Nyborg and three employee-elected board members: Christian Hauge, Leif Salling and Jan Nielsen.
Erik Østergaard, Chairman of the Board of Directors, and Jens Ellegaard Andersen resign from the Board. Birgit Nørgaard and Gert Fisker Tomczyk will take their place as new board members. The current chairman of the board of directors of Taulov Dry Port A/S Christian Herskind is recommended as new chairman of ADP.
For Associated Danish Ports A/S:
Outgoing board members: Erik Østergaard
Jens Ellegaard Andersen
New board members: Birgit Nørgaard
Gert Fisker Tomczyk
New Chairman of Associated Danish Ports A/S: Christian Herskind
Vice-Chairman of the Board of Directors of ADP, Mayor of Fredericia Municipality, Steen Wrist, said:
"Of course, I respect Erik Østergaard and Jens Ellegaard Andersen's wishes to step down from the board and pass the baton to new forces, but it will be a great legacy to lift. They have both made a very appreciated and professional effort, for which I would like to thank them - in particular, Erik as chairman for the past 7 years has contributed to lifting ADP to the level that the company is at today", says Steen Wrist, and continues:
"I am also pleased that Christian Herskind has agreed to stand as the new chairman. Christian has been a member of the board of ADP since 2016, and Christian is a very special asset for Fredericia with both an in-depth knowledge of the area and of ADP. Now the general meeting must be completed, but I look forward to having Birgit Nørgaard and Gert Fisker Tomczyk on board, and that together we can continue the positive development of ADP"
New incoming Chairman of the Board of Directors of Associated Danish Ports A/S, Christian Herskind, says:
Erik Østergaard, outgoing Chairman of the Board of Directors of Associated Danish Ports A/S, said:
"The past 11 years have been a fantastic journey, where we have paved the way for the company's historic growth and strengthened competitiveness with a long-term strategy. Associated Danish Ports has never been stronger than today as a modern port and infrastructure company. Planned investments in the upcoming port expansion in Fredericia and scaling of the dry port concept provide a potential for further growth in the coming years. The company's commercial ports are located in growth areas and are of great importance as hubs for import and export, as a catalyst for the green transition and as infrastructure for Denmark's security of supply. The goal is for the growth initiatives launched to bind city and port together for the benefit of our owner municipalities, and we are well on the way. Now it is time for fresh forces, and I look forward to following the development of the company on the sidelines in the coming years", says Erik Østergaard.
On behalf of the Municipality of Nyborg, Councillor Peter Wagner Mollerup said:
"As a board member of Associated Danish Ports A/S, it has been exciting to follow the development over the past year, where the company has grown and where the next major growth initiatives have been launched. As a representative of Nyborg Municipality, I have been particularly pleased to have been part of the process of composing the future board of directors of the company. I very much look forward to the continued cooperation with the Board of Directors".
The professionalization of recent years and the effect of the initiated transformation of the port company has been demonstrated over the past three years with historic growth rates in turnover and earnings. The further development of the company still requires strong profiles for the Board of Directors, and the company will get this with the two new nominated board members Birgit Nørgaard and Gert Fisker Tomczyk.
For Taulov Dry Port A/S, the following changes to the composition of the Board of Directors are recommended:
Outgoing board member: Erik Østergaard
New board members: Michael Overgaard Andersen
Kasper Blinge Hansen
The current President, Christian Herskind, will continue.
The Board of Directors in the ADP subsidiary Taulov Dry Port A/S thus consists of: Christian Herskind, Chairman, Rune D. Rasmussen, CEO in Associated Danish Ports A/S, Michael Overgaard Andersen, CFO in Associated Danish Ports A/S, Kasper Blinge Hansen, Senior Portfolio Manager - Global Real Estate, PFA Pension and Mikael Arne Fogemann, Executive Director, Nordic Real Estate, PFA Pension.
