John Lauer, EVP and CCO, Announces Retirement Plans
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SELL (= Flat)
Dividend Yield: 0.7%
EPS Growth %: +44.3%
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Chris Scott, SVP, Transpacific Service and Corporate Pricing, to Succeed Lauer
The company concurrently announced that Chris Scott, Senior Vice President, Transpacific Service and Corporate Pricing, will be promoted to succeed Lauer as EVP and CCO when Lauer retires in July.
"John is a role model for leadership at Matson. He embodies values to which we all aspire – teamwork, mutual respect, integrity, accountability and innovation – and lives them every day. During his tenure, John has influenced the evolution of virtually all of our business processes and made them better," said
Under Lauer's leadership, Matson has reinforced its standing and reputation as the leading carrier in its core domestic markets. He has also led the company's organic growth internationally, expanding its industry leading expedited services between
"As a result of our longstanding bench development and succession planning efforts, we have a dynamic veteran Matson leader in Chris Scott, who is well prepared to take the baton," said Cox. "Chris will bring 34 years of broad industry experience to his new role - the majority of which has been in leadership roles across Matson operations and commercial departments. Working alongside John and
Having begun his career in transportation and logistics in 1992, working in trucking and warehousing operations, Scott joined Matson in 1995 as a customer service representative at Matson's Customer Service Center in
The company also announced that its succession plan will elevate
Crisafulli, a 30-year industry veteran joined Matson in 2025 and in his current role is responsible for key commercial aspects of Matson's
About the Company
Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services. Matson provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in
Contact:
Matson
510-628-4534
[email protected]
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SOURCE Matson, Inc.
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