Matson, Inc. Approves the Transition of Ronald J. Forest from President to Senior Advisor
January 01, 2022 at 03:01 am IST
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On January 27, 2022, the Board of Directors of Matson, Inc. approved the transition of Ronald J. Forest from President to Senior Advisor of the Company, effective as of February 1, 2022. Mr. Forest will continue in his new role through the conclusion of the contract renewal negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union on the U.S. West Coast. Mr. Forest expects to retire from the Company on or around August 1, 2022.
At such time, the Company may enter into a Consulting Agreement with Mr. Forest on the Company's standard terms and conditions for transition purposes following his retirement.
Matson, Inc. is a holding company that provides ocean transportation and logistics services. The Company's segments include Ocean Transportation and Logistics. The Ocean Transportation business is conducted through Matson Navigation Company, Inc. (MatNav), which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska and Guam, and to other island economies in Micronesia. MatNav also operates premium, expedited services from China to Long Beach, California, provides services to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Dutch Harbor, Alaska to Asia. The logistics business is conducted through Matson Logistics, Inc. (Matson Logistics), a wholly owned subsidiary of MatNav. Matson Logistics provides a variety of logistics services to its customers, such as transportation brokerage services, freight forwarding services, and others.
MATSON, INC. 
