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Ports America appoints new CEO

Ports America appoints new CEO

(Posted on 31/05/18)

Ports America Group, Inc., the largest marine terminal operator and stevedore in North America, has announced the appointment of Mark Montgomery as president and CEO. He replaces former president and CEO, Michael Hassing.

Montgomery was previously president and CEO of Ports America Chesapeake (PAC) from 2010 to 2014, and currently serves as a senior advisor and operating partner to the Infrastructure Investing strategy of Oaktree Capital Management, L.P. (Oaktree), where he brings more than 30 years of maritime industry experience. Mark led the company through a successful Public Private Partnership with the Maryland Port Administration at PAC in 2010. He also serves in board roles at the Port Newark Container Terminal (PNCT), PAC, the Delaware River Stevedore joint venture in Philadelphia, the CP&O joint venture in Norfolk, the Port of Miami Terminal Operating Company and the Eller-ITO Stevedoring joint ventures in Miami. Mark also serves on the Board of the National Association of Waterfront Employers, the North Atlantic Ports Association and the General Stevedoring Council. His exceptional track record of providing outstanding customer service, market-leading safety and operational performance will serve Ports America well.

 

Concurrent with the transition, Dave Starling will assume the responsibility of chairman of the board of directors. Dave has more than 40 years of experience in the North American rail, intermodal and global shipping logistics industries. Most notably, Starling served as the CEO of Kansas City Southern (KCS), a publicly traded Class I railroad. He currently serves on the board of directors of Greenbrier, an international railcar manufacturing and leasing company. Prior to KCS, Dave held management, leadership and operational positions at the Panama Canal Railways Company, American President Lines, the St. Louis-San Francisco Railroad and Burlington Northern. He was named the Railway Age’s Railroader of the Year in 2012. Furthermore, Dave currently serves as a senior advisor to Oaktree’s Infrastructure Investing strategy.

“Ports America provides the only tri-coastal terminal operating footprint in North America. Our position provides us an excellent springboard to achieve our goal of expanding the logistics solutions we currently offer our clients,” said Montgomery. “I am thrilled to be assuming leadership of the Ports America platform. The company will remain focused on providing best-in-class service to many of the world’s leading shipping lines. I also believe there is a tremendous opportunity to provide improved workflow solutions to beneficial cargo owners to drive dramatic growth for the company.”

 

Ports America has a proven track record of delivering the highest quality operations for our customers combined with an unparalleled focus on the safety of our employees. The company is the leader in the North American marine terminal sector with its tri-coastal footprint handling breakbulk cargo, containers, roll-on, roll-off and cruise passengers.

“Having Mark Montgomery join our team is the next major step in the evolution of Ports America,” added James Kowalishin, the current chairman of the company. “Mark’s strong leadership, experience and track record of building superior management teams focused on customer satisfaction, safety and operational excellence gives the board the utmost confidence that he will drive the continued growth of the company.”

While Dave Starling will replace James Kowalishin as chairman of the board, James will continue to serve on the board of directors.

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