ZIM CEO steps down as Hapag-Lloyd merger approaches

"In recent months, the Board promoted a merger process with Hapag-Lloyd. While I respect this direction, after careful reflection, I concluded that I cannot continue as CEO. Leadership, to me, is not a title – it is a commitment that must align with the road ahead," Mr Glickman said.

"When I joined ZIM nine years ago, I did so with a clear sense of purpose. I believed in this Company, in its people, and in our ability to transform ZIM into a stronger, more innovative, and more resilient global player. Together, we did exactly that."

The company posted about the resignation on its LinkedIn page, noting that it has launched a search for his replacement and pointing to the strong performance of the company under Glickman’s leadership.

"Over these years, ZIM delivered an extraordinary turnaround, achieving results that were, at times, unprecedented for the company and restoring pride in the ZIM name across the industry. This success belongs to our people – colleagues across the globe who demonstrate professionalism, determination, and heart every single day."

ZIM employees underook strike action in the wake of the announced acquisition of ZIM by Hapag-Lloyd.