After nine years at the helm of the Hamburger Hafen und Logistik AG (HHLA), the chief executive officer Angela Titzrath will leave latest by December 31 and will remain available to support the transition process until then.
This decision was made by mutual agreement between the supervisory board and the CEO, as HHLA informs, while the search for a successor to the CEO has already begun.
Based on Angela Titzrath’s entrepreneurial strategy for the future of the company, HHLA has invested more than half a billion euros in modernising the container terminals in the Port of Hamburg over the past five years.
With the expansion of the intermodal business, the complete takeover of the rail subsidiary METRANS and the expansion of the hinterland network from 10 to 21 terminals, this area has developed into a key pillar of the company.
According to HHLA, the acquisition of the seaport terminals in Tallinn (Estonia) and Trieste (Italy) strengthened HHLA’s presence along key trade and transport corridors. The establishment of the central innovation unit HHLA Next provided impetus for the company’s innovative strength and future viability. In addition, the management structure and corporate culture were further developed in line with the current challenges facing the logistics industry.
“Angela Titzrath has decisively driven forward the development of the company into a European network logistics provider with strategic vision and personal commitment, and has successfully led HHLA through difficult phases such as the coronavirus pandemic and Russia’s war of aggression against Ukraine. She accompanied the recent changes in the shareholder structure with a great sense of responsibility. With a particular focus on international networking, digitalisation and sustainability, she has provided key impetus – both for the competitiveness of the Port of Hamburg and for the entire group of companies. On behalf of the Supervisory Board, I would like to thank Angela Titzrath for her outstanding work and wish her all the best for her professional and personal future,” says Prof. Dr. Rüdiger Grube, chairman of the supervisory board of HHLA.
Angela Titzrath, CEO of HHLA, says that “I can look back on nine very dynamic but also extremely exciting years at the helm of HHLA. Logistics connects markets, people and perspectives. My goal was to strategically develop HHLA as a key player in a volatile and geopolitically sensitive environment and to strengthen the value of the company. With the modernisation of the Hamburg terminals, the expansion of the intermodal business and strategic locations such as Tallinn and Trieste, we have positioned HHLA decisively in the competitive environment – in the service of our customers and in the interests of an efficient supply chain for companies and consumers throughout Europe.”
