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Ernst Russ AG Expands Management Board with New Appointment

On November 5, 2024, the Supervisory Board of Ernst Russ AG announced the expansion of its Management Board. Joseph Schuchmann, a 30-year-old with extensive experience in the maritime industry, will join the Executive Board starting December 1, 2024. His term is set until the end of 2026. Schuchmann's background includes a solid education as a shipping merchant and a master's degree in shipping, paired with years of professional experience in European shipping firms.

Ernst Russ AG, based in Hamburg, is a publicly traded entity with historical roots dating back to 1893. The company manages 29 vessels, focusing on container ships between 700 and 13,400 TEU, along with additional bulk and multipurpose vessels. This strategic appointment aligns with Ernst Russ AG’s commitment to sustainable and stable growth in the maritime sector.

R. E.

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