The founder of CMA CGM has announced that his son will take over his position as chairman of the board.
Rodolphe Saadé has been Chief Executive Officer (CEO) of the Marseilles-based company since February 2017 but will now be both CEO and chair.
His 80-year old father Jacques Saadé said: “To prepare the future, last February 7th I appointed Rodolphe Saadé to the position of CEO. His strategy has delivered very good operational and financial results.”
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