Israeli container carrier has unveiled a new CEO to take over from stalwart Rafi Danieli. Eli Glickman, formerly head of Israel Electric Company, takes the hot seat at what is a fascinating juncture for the global liner operator. ZIM has been through a mammoth restructuring, was reported to have tried – and failed – to have sold off its global operations, has now reformatted all of its service offerings and stands out in the brave new world of container shipping as the only global operator not tied to any of the new alliances that kick off in three weeks time.
Glickman, 55, whose past career does include time with the navy in Israel as well as working at logistics company Exel, admitted on his appointment that there are challenges throughout the liner industry, however he maintained Zim has continued to perform well relative to its peers. “Zim is a dynamic and exciting company and I am looking forward to joining,” Glickman said.
Danieli, who steps down after many years at ZIM, commented: “It has been a privilege to lead ZIM during the most difficult times the industry has ever faced. Through the combined efforts of management and our devoted employees, during these difficult times we improved our network, operating margins, efficiency and customer service. For the last eight financial quarters, our operating margins have put us in the top tier of liner companies.”
In other ZIM senior management news, Guy Eldar, the CFO of the carrier, has requested to leave the company after four and a half years in this position. A replacement is yet to be nominated.