Bunker Holding Appoints New CFO

Bunker Holding, the world's largest supplier of marine fuels to the shipping industry, has appointed Jacob Nørgaard as its new Chief Financial Officer (CFO). Nørgaard will succeed Michael Krabbe, who is stepping down from the role by mutual agreement.

The bunkering industry is currently facing significant changes due to new product types, evolving trading dynamics, and increased competition. Since Peder Møller became CEO in October 2025, Bunker Holding has implemented a strategic shift focused on growth, streamlining its global operations, and enhancing collaboration to improve customer focus.

Nørgaard's appointment brings expertise in risk management to the company's financial leadership. His background is expected to support Bunker Holding's strategy as it navigates industry transformations and pursues its growth objectives in a competitive market.