Maersk appoints new CEO, company could be broken up

Danish shipping and oil group A. P. Moller-Maersk could be split up into separate companies, its chairman said on Thursday after naming Soren Skou, the head of its container business, as chief executive. "The question is whether we should be a large group, or whether we should be a number of independent companies," Chairman Michael Pram Rasmussen told Danish online media Finans. Skou will begin in his new role on July 1, while remaining the head of Maersk Line, the company said in a statement.