From 1974 to 1976, he was back in Lebanon, following the Madagascar government’s nationalisation of the fishing company. He founded and managed Polyfreez, an importer and distributor of seafood products in Lebanon.
In response to local events, he expatriated to Kuwait in 1976, where until 1986, he was Director of Fisheries for United Fisheries of Kuwait, with its fleet of 50 freezer trawlers.
Contacted by
Jacques R. Saadé in 1978, Farid T. Salem helped create and launch Compagnie Maritime d’Affrètement (CMA) in Marseille.
In 1986,
Jacques R. Saadé appointed him Chief Executive Vice President of CMA, then, in 1999, of CMA CGM Group, following the merger with Compagnie Générale Maritime. He continues to hold that position today, serving in the same capacity as Jean-Marc Lacave and Rodolphe J. Saadé.
Since 2006, he has also been President of Sudcargos and CMA CGM’s operations in North Africa.