Executive Board News

Gregory Gumbs will leave the company in July 2023 - ©Bosch Rexroth (file image)

Gumbs to Step Down as President and CEO of Bosch Rexroth North America

North America. I am very confident in the strategy and in our talented team which will ensure continued success and positive outcomes for our customers and the business. It has truly been an honor and privilege for me to serve and lead this team”.In the interim, Reinhard Schaefer, current Executive Board Member, will join the North American board to support the transition and identify the company’s next regional CEO."I would like to thank Gregory Gumbs for his leadership in the region,” said Dr. Steffen Haack, CEO of Bosch Rexroth AG. “The North American region is of critical

Marion Leslie (Photo: UKHO)

UKHO Appoints Marion Leslie as Non-Executive Chair

team, the Chair and the Board offer support and challenge to ensure that there is a clear focus on transformation, increasing revenues, building partnerships and exploring new markets.Away from the UKHO, Leslie is the Head of Financial Information at SIX Group and a member of SIX Group’s Executive Board. She is also a member of the BME Board of Directors.Named as one of Swiss Finance’s Women to Watch in 2022, Leslie was also included in the World Federation of Exchanges Women Leaders List 2021 and was named one of the 100 Most Influential Women in European Finance by Financial News in

Gullick to Lead NOC's Business Development Strategy

Associate Director of Strategic Business Development starting in August 2020.NOC Innovations Ltd is the wholly owned commercial trading subsidiary of NOC, the purpose of which is to generate revenue to support the furtherance of the NOC’s charitable purposes. Huw will be a member of the NOC Executive Board, owner of our Business Development Strategy, and responsible for supporting and enabling diversifying and increasing NOC’s external income.“This is a really exciting appointment that will enable NOC to move from being wholly reliant on traditional sources of mostly public sector

(Photo: MacArtney)

MacArtney Underwater Technology Turns 40

custom solutions, from design to installation, supported by training, after-sales service and local workshops. Its competences range from mechanical, electrical and software engineering to specialized fiber optic and molding expertise as well as project management.Less than one year ago, the executive board of MacArtney changed top management. The position as CEO was assumed by Claus Omann, who took over from Niels Erik Hedeager, long-serving CEO who is now Chairman of the Board of Directors of MacArtney. In preparation for the long-term existence of the MacArtney Group, dispositions have now been

Photo: adidas

adidas is Making Shoes from ‘Up-cycled’ Ocean Plastic

environmentally friendly prints, which the teams each wore during separate matches in November 2016. “We have not only managed to make footwear from recycled ocean plastic, but have also created the first jersey coming 100 percent out of the ocean,” said Eric Liedtke, adidas Group Executive Board member responsible for Global Brands. “But we won’t stop there,” Liedtke continued. “We will make one million pairs of shoes using Parley Ocean Plastic in 2017 – and our ultimate ambition is to eliminate virgin plastic from our supply chain.” While sneakers

Maersk Drilling Delivers $164m Profit

savings on operating costs are both contributing factors to the satisfactory result we deliver in the second quarter. However, Maersk Drilling continues to be affected by the lack of activity and lower dayrates in the market,” says Claus V. Hemmingsen, CEO in Maersk Drilling and member of the Executive Board in the Maersk Group. At the end of Q2 2016, Maersk Drilling’s forward contract coverage was 73% for the rest of 2016 and 56% for 2017 and 45% for 2018. The total revenue backlog by end Q2 2016 amounted to USD 4.7bn (USD 5.3bn). Since the launch of the cost reduction and efficiency enhancemen

Maersk Drilling Acquires Newbuild Jackup from Hercules

9m. “This agreement represents an opportunity for Maersk Drilling to acquire a newbuild harsh environment jack-up backed by a firm long-term contract. We look forward to working with Maersk Oil and its partners on the Culzean gas field,” says CEO in Maersk Drilling and member of the Executive Board in the Maersk Group, Claus V. Hemmingsen.  The rig design is Friede & Goldman JU2000E, categorised as a 400ft rig, with 30,000ft drilling depth and HPHT (High Pressure High Temperature) capabilities. The rig has accommodation capacity for up to 150 personnel. The rig will enter

Maersk Drilling Profit Up

. However, the adverse market conditions are very dominant, and despite our good operational performance, Maersk Drilling is also affected by the lack of activity and lower dayrates in the market and will be all through 2016,” says Claus V. Hemmingsen, CEO in Maersk Drilling and member of the Executive Board in the Maersk Group. Maersk Drilling saw two contract terminations in the first quarter of 2016. The contract for the harsh environment jack-up Mærsk Gallant was cancelled, but concurrently Maersk Drilling signed a new contract in direct continuation of the cancelled contract. Furthermore

Royal HaskoningDHV's Orders, Profitability Soar

safety from flooding to hundreds of thousands of people. Deployment of the Nereda wastewater treatment technology at the new Irish Water plant for Cork Lower Harbour, significantly enhancing the water quality and the environment in the harbour.   Outlook Erik Oostwegel, Chairman of the Executive Board: “We are halfway through executing our strategy ‘Vision 2018’ and feel confident about the second half. Our company is in good shape to face the challenges of the future and we look forward to the year ahead with confidence and optimism. We achieved much in 2015 and continue

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