Bruner to replace Clancey as Maersk Inc. chairman
Maersk Inc. Chairman John P. Clancey will step down at the end of the year and will be replaced by Russ Bruner, the current vice chairman.
The company said Clancey will continue as a member of the boards of Maersk Inc., a U.S. arm of the A.P. Moller – Maersk Group; U.S.-flag operator Maersk Line Ltd.; and the Maersk Inc. compensation committee.
Clancey was appointed chairman of Maersk Inc. in December 1999, following A.P. Moller's acquisition of Sea-Land Service Inc. where he had been chief executive officer since July 1991. He had joined the company in 1970s and had held senior positions in the company’s Pacific, Americas, and Atlantic divisions.
He was involved in both the Sea-Land and P&O Nedlloyd acquisitions. He has represented the A.P. Moller – Maersk companies and the liner industry in Washington, including testifying on Capitol Hill about protecting merchant ships, following the hijacking of the Maersk Alabama earlier this year.
Bruner was appointed vice chairman of Maersk Inc. in July and had been president and CEO from September 2004. He joined Maersk in September 1989. Earlier he was an executive at Roadway Package System and Smith’s Transfer. Bruner will continue to oversee A.P. Moller – Maersk's North America activities and to be directly responsible for CIS-related activities.