Matson's Transition: New Leadership for Logistics Division

Matson Announces Leadership Changes in Logistics Division

Matson, Inc. (NYSE: MATX) is embarking on a significant transition within its logistics unit. Rusty Rolfe, who has served as Executive Vice President and President of Matson Logistics, is set to retire after more than two decades. His leadership has transformed Matson Logistics from a small intermodal marketing company into a distinguished provider of comprehensive logistics solutions.

Celebrating Rusty Rolfe's Legacy

In his time with Matson, Rolfe has played a pivotal role in setting high standards for the logistics industry. Matt Cox, Chairman and CEO of Matson, noted the deep impact of Rusty's contributions during his tenure. "Rusty's influence at Matson over the past two decades will leave an indelible mark on our Logistics platform," he stated. His legacy will continue to inspire the team's commitment to excellence.

Jerome Holland Takes the Helm

Stepping into Rolfe's shoes is Jerome Holland, who currently serves as Vice President of Strategic Planning and Business Development at Matson Logistics. Cox has expressed confidence in Holland, emphasizing the importance of succession planning within the company culture. Holland has been with Matson since May 2013, showcasing a solid track record in roles involving strategic growth, investor relations, and business development.

Experience and Vision

Holland brings a wealth of experience to his new role. Prior to joining Matson, he dedicated twelve years to investment banking and corporate finance in noted public shipping firms. His academic credentials include a bachelor's degree in economics from Queen's University and prestigious professional designations.

The Evolution of Matson Logistics

Matson Logistics, established in 1987, has greatly expanded the reach of Matson's transportation network across North America and Asia. By providing integrated logistics services, including rail intermodal and freight forwarding, Matson has firmly established itself in the logistics sector. The continuity of leadership with Holland at the forefront promises to enhance the strategic direction of the company.

Looking Ahead

As Matson transitions into this new leadership chapter, the company aims to uphold its commitment to quality and efficiency for its customers and partners. With Holland's extensive background, customers can anticipate continued innovation and reliability.

About Matson

Founded in 1882, Matson (NYSE: MATX) stands out as a premier provider of ocean transportation and logistics services. They play a crucial role in connecting the non-contiguous economies of Hawaii, Alaska, and Guam, as well as other island markets within Micronesia. Matson is committed to operating efficiently using a fleet of owned and chartered vessels that includes containerships and roll-on/roll-off ships, alongside its integrated logistics services.

Frequently Asked Questions

What recent leadership changes has Matson announced?

Matson announced that Rusty Rolfe will retire and Jerome Holland will succeed him as President of Matson Logistics.

What has been Rusty Rolfe’s contribution to Matson?

Rusty Rolfe transformed Matson Logistics, significantly enhancing its reputation and service quality over two decades of leadership.

Who is Jerome Holland?

Jerome Holland is the Vice President of Strategic Planning and Business Development at Matson Logistics, poised to step into the leadership role.

What services does Matson provide?

Matson offers ocean transportation and comprehensive logistics services throughout North America and Asia, including freight forwarding and supply chain management.

When was Matson established?

Matson was founded in 1882 and has developed into a leading logistics and ocean transportation provider over the years.

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