STENA Line's CEO, Gunnar Blomdahl, will be finishing after 10 years in the role on January 1 next year.
took over as Stena Line's
CEO in 2003.
During the years with Gunnar
as CEO, Stena Line
has developed into one of the world's largest ferry companies and has seen its most profitable years.
The company has invested around £1.1bn in new tonnage and geographic expansion, e.g. through the acquisition of Scandline's
five Baltic routes a few months ago.
"I have been the Chief Executive Officer for 10 years and it is time for a new CEO to take over and continue the development of Stena Line," Gunnar Blomdahl says.
"I will now continue in the Stena Sphere, including positions on the boards of the Ballingslöv Group
, Stena Recycling
and Stena Technoworld
Commenting on the change in CEO, Stena AB's
Chief Executive Officer, Dan Sten Olsson
, said: "I am very pleased with Stena Line's
development under Gunnar's leadership and over the past year, the company improved its result by £27.5M.
Apart from this, Gunnar
has led the work with continuous improvements, development and expansion in an extraordinary way and he
leaves Stena Line
in a very good condition.
I would like to congratulate Gunnar
on successfully leading the company through a sometimes volatile period and thank him for handing over a very well managed company.