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WALLENIUS WILHELMSEN REORGANIZES DIVISIONAL MANAGEMENT

WALLENIUS WILHELMSEN REORGANIZES DIVISIONAL MANAGEMENT

   Wallenius Wilhelmsen, the Scandinavian roll-on/roll-off shipping and logistics group, has adopted a new management organization based on three business units.

   The new business units are ocean services, logistics management and inland services.

   The ocean services and logistics management units will be run from Wallenius Wilhelmsen’s offices in Oslo, Norway. The inland services business unit will be managed from the group’s offices in London, U.K.

   Christopher J. Connor has been appointed to head the ocean services unit. With more than 20 years experience in the shipping industry, Connor has previously worked for Crowley Maritime and U.S. Lines. His previous positions with Wallenius Wilhelmsen were as head of global commercial division and head of commercial with Wallenius Wilhelmsen Americas.

   Stephen P. Cadden has been named to run the logistics management business. Cadden has held the position of senior vice president of Wallenius Wilhelmsen since 1999 and was previously head of global logistics division. Cadden also serves as a director on the board of Global Automotive Logistics S.A.S, owner of Group CAT, a provider of logistics services to the automotive industry. Cadden will move from London to Oslo to run the logistics unit of the group.

   Richard Lawson has been appointed to head the inland services business unit. Lawson is chief executive officer of Richard Lawson Group in Europe and is also president of the European Car Transport Group of Interest, based in Brussels.

   Each business unit will be managed with its own profit and loss responsibility.

   The company said that it needs to get a strong focus to continue to grow its three core businesses, but will also leverage synergies to develop business with global accounts, especially among global manufacturers of vehicles and heavy machinery for construction and agriculture.

   Wallenius Wilhelmsen said that the reorganization of its corporate management will not affect its regional organizations with headquarters in the U.S., Sweden, Belgium, Australia and Japan.