Jacques R. Saadé

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Jacques R. Saadé (* 7. February 1937 in Beirut , Lebanon ; † 24. June 2018 in Marseille , France ) was a Lebanese ship owner and founder of the shipping company Compagnie Maritime d'AFFRETEMENT (CMA), which later became the CMA CGM Group emerged .

Life

Saadé was born on February 7, 1937 in Beirut, Lebanon. His father was from Syria and his mother from Lebanon. Saadé, who had two siblings, grew up in Latakia in Syria.

He attended the American University of Beirut and the London School of Economics, which he graduated in 1957. He then went to New York , where he did an internship with a shipping company. It was here that he first came into contact with containers that were used as shipping containers by the US armed forces during the Vietnam War . He liked the idea of ​​the container as a closed container that was easy and quick to handle.

After his father died in 1958, he went back to Syria. He carried on his father's business until companies in Syria were nationalized under President Hafiz al-Assad . The family then went to Lebanon, where Saadé continued a shipping company established by his father.

In July 1978, he and his family left Lebanon to protect the family from the civil war that was raging there. The family went to Marseille. Here he founded the shipping company Compagnie Maritime d'Affrètement with his brother Johnny on September 13th, which initially operated a liner service between Marseille and Beirut. After losing the shipping company in the first year and disputes over the management of the company, his brother got out of the joint business while Saadé continued to develop the company.

In 1996 he took over the French shipping company Compagnie Générale Maritime (CGM), which was merged with CMA to form the CMA CGM Group in 1999 and which later became one of the largest container shipping companies in the world.

In addition to other offices that Saadé held, he was President of the French-Lebanese Chamber of Commerce from 1986 to 2014.

In 2011 Saadé became CEO of the CMA CGM Group. On February 7, 2017, he handed over the position to his son Rodolphe Saadé, who had been with the company since 1994. Father Saadé initially remained chairman of the board of directors. This office, which he has held since 2010, was also handed over to his son Rodolphe in November 2017.

Saadé died on June 24, 2018 in Marseille at the age of 81. He was married and had three children, two sons and a daughter.

In 2019, CMA CGM named the lead ship of the CMA CGM Megamax 24 class , the CMA CGM Jacques Saade , after him.

Awards / honors

Individual evidence

  1. ^ Jacques Saadé , CMA CGM Group. Retrieved June 26, 2018.
  2. ↑ a b c d Saadé, confidences d'un tycoon des mers ( Memento of September 28, 2013 in the Internet Archive ), Le Point , June 6, 2013.
  3. ↑ a b Jacques Saade & family , Forbes . Retrieved June 26, 2018.
  4. ^ A b Death of Mr. Jacques R. Saadé, Founding President of the CMA CGM Group , Corporate Information, CMA CGM Group, June 25, 2018. Accessed June 26, 2018.
  5. ↑ Jean-Claude GAUDIN remercie les «Grands Patrons" qui font confiance à Marseille , jeanclaudegaudin.net. Retrieved June 26, 2018.
personal data
SURNAME Saadé, Jacques R.
BRIEF DESCRIPTION Lebanese shipowner and entrepreneur
DATE OF BIRTH February 7, 1937
PLACE OF BIRTH Beirut , Lebanon
DATE OF DEATH June 24, 2018
Place of death Marseille , France