PARKER IS APPOINTED CHAIRMAN OF MACANDREWS & CO.
CMA CGM has appointed Michael Parker chairman of the board of directors of MacAndrews & Co., its newly-acquired U.K.-based short-sea shipping company.
Parker said that he would work with CMA CGM to develop the MacAndrews intermodal services.
CMA CGM bought MacAndrews & Co. from the British shipping group Andrew Weir, of which Parker is a director. Staff working for MacAndrews & Co. Is also transferring from Andrew Weir. Parker will remain on the board of Andrew Weir.
CMA CGM said that MacAndrews will be an independently managed company within the group.
PARKER IS APPOINTED CHAIRMAN OF MACANDREWS & CO.