GAC promotes Fredriksson to top echelons
The GAC Group, a shipping, logistics and marine services provider, has appointed Pontus Fredriksson (on the right) as its new group president, with effect from 1 January 2023.
Bengt Ekstrand (on the left), who held the position for the last ten years, will take on the role of executive co-chairman, alongside GAC’s long-standing executive chairman Björn Engblom.
Ekstrand launched a wide-ranging reform programme in GAC, known as Delta21. Significant structural and operational changes followed that made the group more resilient, efficient, and profitable. He leaves his position with GAC reporting record results in recent years.
Fredriksson joined GAC in 2007 and has been group vice-president of GAC’s Americas region since August 2019. He previously held finance and managerial roles in the Middle East, including managing director of GAC Bahrain. (cj)