Resignations at the Top of APL and Thiel

No information was offered beyond a short announcement that APL Logistics CEO Hans Hickler had resigned. His last day with the group will be May 15th, but NOL Group President and CEO David Lim said Hickler would be on leave from April 22nd. Lim will temporarily take over Hickler’s responsibilities as CEO of APL Logistics.

Meanwhile, German-based Thiel Logistik reported Klaus Eierhoff had resigned his position as chief executive and member of the board of directors effective June 30. Transport Intelligence reported that the company attributed his resignation to a “difference in perspective” concerning the future development of the company.

Though Eierhoff had worked to turn the company around since the departure of founder Gunther Thiel, who left to join TNT in 2003, the company issued a “surprise profit warning” in which it attributed lower-than-expected business performance to difficulties in its automotive group and its Südkraft business unit. At that time, the board had revised operating estimates downward from Euro 50 million ($65 million) to Euro 36 million ($47 million).

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