Hapag-Lloyd AG approved a reallocation of the Executive Board's responsibilities at its meeting March 28, 2018. CEO Rolf Habben Jansen will now be responsible for global sales activities. Joachim Schlotfeldt will become a new member of Hapag-Lloyd AG's Executive Board as at 1 April 2018. In addition to other areas of responsibility, he will take charge of Human Resources (currently the responsibility of the CEO) as Labour Director, as well as Global Procurement. The latter is currently the responsibility of the COO. Joachim Schlotfeldt has been a member of the Executive Committee since 2007. Its members comprise the Executive Board and the Company's top ten managers. They meet four times year to discuss the most important issues and make decisions. Schlotfeldt's most recent role was as Managing Director of the key Regions Asia and Europe. Prior to that, he successfully worked in a variety of other management positions for Hapag-Lloyd in Europe and Asia. CCO Thorsten Haeser is leaving the Company as at 31 March 2018 on the most amicable of terms. With great professionalism and personal dedication, he managed and realigned the Executive Board's sales responsibilities.