Matson Chairman James Andrasick Retiring
2009年8月27日 - 2:00AM
ビジネスワイヤ(英語)
Matson Navigation Company Chairman James S. Andrasick is
retiring from the company, effective September 1, 2009. Andrasick
has been Matson’s chairman since October 2008 and was the company’s
president and chief executive officer from 2002 through 2008.
During his tenure at the helm of Matson, Andrasick oversaw a number
of major initiatives, including the construction of four new
containerships, the start up of a new China service, the growth of
the subsidiary, Matson Integrated Logistics, and the promotion of
“green” programs both at sea and on land. Prior to his Matson
responsibilities, Andrasick served as chief financial officer and
treasurer of Matson’s parent company, Alexander & Baldwin,
Inc., from 2000 – 2003.
Andrasick led Matson through a number of challenges and
transitions, including the 2002 West Coast lock-out and its
considerable impact on Matson’s service, as well as the relocation
of the company’s headquarters from San Francisco to Oakland in
2003. 2003 also marked the entry of the first of four new
containerships to the Matson fleet, with Andrasick closely involved
in the historic investment for Matson. Andrasick’s role in this
major undertaking began with his CFO position at A&B and
continued as he assumed the responsibilities of president and CEO
of Matson. The investment of over $500 million in new ships allowed
Matson to upgrade its fleet, ensuring modern, reliable service for
its core market, Hawaii, for decades to come. In addition, the
vessels have been deployed in Matson’s Guam service. Equally
important, the new ships were deployed in the company’s China –
Long Beach Express, which marked the entry of Matson into the
international container trade.
“During Jim Andrasick’s career at Matson, the company was able
to demonstrate how an American carrier operating U.S.-built vessels
can compete in the highly competitive China trade,” said Allen
Doane, chairman and CEO, A&B. “Since the service was launched
in February 2006, Matson has been consistently recognized as one of
the best carriers in the world in delivering on time performance.
The initiative required a major across-the-board effort at Matson
and that achievement has not only contributed to its recent
success, but will have an important role in the company’s growth
and development in the future.”
Since 2002, Andrasick was also involved in the growth and
development of Matson Integrated Logistics. The company expanded
significantly through a number of acquisitions, including
TransAmerica, Aquitaine, and PACAM. In addition, MIL launched a new
subsidiary, Matson Global Distribution Services (Matson Global) in
2007. As a result, revenue for the company increased from $122
million in 2001 to $435 million in 2008. The company has also
supported Matson’s ocean transportation services and partnered on
key initiatives such as the China service.
“Jim has had an instrumental role in transforming Matson
Integrated Logistics from a company recognized for intermodal
transportation to a business unit that is today recognized as a
leader in the logistics industry,” Doane added.
Andrasick has also helped advance Matson’s position as an
industry leader in promoting “green” initiatives both at sea and on
land. “Matson’s efforts here have clearly gone far beyond today’s
stringent requirements,” said Andrasick. “In many instances, Matson
has demonstrated leadership in areas pertaining to offshore
environmental protection by partnering with various regulatory
agencies and equipment manufacturers on environmental studies and
projects.” In 2006, Matson was honored with the U.S. Coast Guard’s
Rear Admiral William M. Benkert Marine Environmental Award for
Excellence.
Andrasick’s contributions to Matson and the maritime industry
resulted in him being honored in 2007 with the prestigious United
Seamen’s Service Admiral of the Ocean Sea Award (AOTOS). His
industry experience has also included service as director of the
Pacific Maritime Association since 2002.
Andrasick has also been a strong supporter of A&B and
Matson’s commitment to giving back to the communities it serves. He
has chaired the A&B Foundation’s Mainland Committee since 2002.
He is a trustee of the U.S. Coast Guard Foundation and the San
Francisco National Maritime Park Association. He has also been
actively involved with Mills College in Oakland, serving as a
trustee and vice-chair of their finance committee, as well as
initiating the Matson scholarship for residents of Hawaii and Guam,
funded by the A&B Foundation. In addition to his A&B
service in Hawaii, Andrasick served for 10 years as president of C.
Brewer & Co.; during his time as a resident of Hawaii, he
served as chairman of the University of Hawaii Foundation, American
Red Cross – Hawaii State Chapter, Hawaii Employers Council, and
Hawaii Agricultural Research Corporation.
“Jim Andrasick provided strong leadership for Matson during a
very important time for the company,” said Matt Cox, president,
Matson. “His accomplishments have been wide ranging and enduring.
All of us at Matson appreciate the support and guidance he has
given the company’s management team since 2002. Both Matson
Navigation Company and Matson Integrated Logistics have
strengthened their positions within their respective markets as a
result of initiatives that were implemented under Jim’s watch.”
“It has been my privilege to know Jim for more than thirty
years,” noted Doane. “We have been fortunate to have him at A&B
and Matson for nearly a decade and are deeply appreciative of the
many contributions to the Company.”
Matson provides ocean transportation services to Hawaii, Guam,
China and Micronesia, as well as logistics services through its
subsidiary, Matson Integrated Logistics. Matson is a wholly owned
subsidiary of Alexander & Baldwin, Inc. of Honolulu
(NYSE:ALEX).
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