Saying Goodbye to HHLA's Boss Titzrath: Departure by End of 2025
Executive Board Chairman Titzrath resigns from HHLA position. - HHLA Chairperson Titzrath announced departure
Gotta pack my bags, y'all! Angela Titzrath, the big cheese at Hamburg's logistics powerhouse, HHLA, is called it quits. Titzrath and the Supervisory Board have seen eye-to-eye on this one, as HHLA announced in a statement. Titzrath'll stick around till the ball drops on New Year's Eve, tops, before she bids adieu.
She's helmed HHLA for a solid nine years, and the company's statement acknowledges her significant contributions to their strategic alignment. The hunt for a new captain is on, with sharks circling already.
Supervisory Board Chair, Rüdiger Grube, had some kind words: Titzrath guided HHLA's transformation into a European network logistics provider, navigating the recent watershed change in the company's shareholder structure with care[1][5]. Since last year, the Port of Hamburg Beteiligungsgesellschaft SE, a joint venture of Hamburg's city council and the world's largest shipping conglomerate, MSC, has held the majority stake in HHLA. Titzrath wasn't in the loop during the MSC's controversial entry, courtesy of the red-green Senate[1][5].
With a twinkle in her eye, Titzrath reflects on her nine-year tenure, recalling a rollercoaster ride that was dynamic and thrilling[1][5]. Her mission as CEO was to bolster HHLA's position as a major player amid troubled waters and bolster the company's value[1][5]. Here's to hoping her successor can keep the good times rollin'!
[1] Source: Hamburg Morgenpost (German newspaper)[5] Source: Handelsblatt (German business newspaper)
The community and board members at HHLA are currently reviewing the company's employment policy, as they search for a successor to Angela Titzrath, who is departing at the end of 2025. Under Titzrath's leadership, HHLA has made significant strides in the industry, with a focus on finance and transportation, aligning the company with international business standards.
