Bengt Ekstrand will take on the role of Executive Co-Chairman
Global shipping, logistics and marine services provider GAC Group recently announced the appointment of Pontus Fredriksson as its new Group President effective from January 2023.
Bengt Ekstrand, who has held the position for the past 10 years, will take on the role of Executive Co-Chairman alongside GAC’s long-standing Executive Chairman Björn Engblom, the company said in a press communique.
During that uncertain period, Ekstrand launched a wide-ranging reform programme within GAC known as Delta21. Significant structural and operational changes followed that made the Group more resilient, more efficient, and more profitable. He leaves the position with GAC reporting record results in recent years, a press communique indicated.
Fredriksson joined GAC in 2007 and has been Group Vice President of GAC’s Americas region since August 2019. He previously held various finance and managerial roles in the Middle East, including Managing Director, GAC Bahrain.
“Pontus’ acumen and sound industry knowledge put him in a good position to lead the Group to further successes in a turbulent environment and I look forward to supporting him in his new role,” noted Ekstrand.