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  • Finnlines News 1/2025

Tom Pippingsköld retires as Finnlines President and CEO

Tom Pippingsköld’s watch was marked by strategic growth, huge investments, and resilience. He was a respected leader at Finnlines.

Finnlines’ President and CEO Tom Pippingsköld retired on 28 February 2025. He joined Finnlines in 2013 as Chief Financial Officer, overseeing Group’s finance, administration, legal, human resources, communications, and IT functions. In 2021, he became Vice President and Deputy CEO, and he assumed the role of President and CEO in 2022.

Before Finnlines Tom worked in energy sector. “The shipping sector is a fascinating although an extremely competitive sector! It forms the critical infrastructure for global trade and sea transport is also the most environmentally friendly way of transporting goods. Even though its emissions are less than 2.7% of global CO2 emissions, the shipping companies are, yet, investing billions and billions of euros in reaching the IMO and EU targets for reducing the CO2 and other emissions,” says Tom.

Together with the management team, Tom navigated Finnlines through global crises, including the Covid-19 pandemic, collapse of Russian trade, as well as economic ups and downs. “I’m proud we invested in sustainability and expanded the route network beyond Finland. We carried out a EUR 0.5 billion Green Newbuilding Programme successfully and nurtured a culture of resilience and teamwork at Finnlines.”

Emanuele Grimaldi, Chairman of the Board of Directors, acknowledges Tom’s contributions: “Tom led Finnlines through significant changes with determination. I want to thank him for his many years of service and dedication to Finnlines. Thanks to his leadership, Finnlines is well-positioned for the future.”

As he retires, Tom expresses his gratitude. “It has been an incredible journey and a privilege to work with Emanuele Grimaldi and his family. Being part of the Grimaldi Group has been of paramount importance for Finnlines’ strategic development, securing a strong market position and leadership in environmental investments. The order of three new methanol/multi-fuel vessels further underscores our commitment to clients and reducing our shared environmental footprint. Finnlines and Finnsteve have hard working, very skilled and motivated professionals. I wish you every success and a bright future!”