Friday, June 8, 2012

Horizon Lines hires new CEO

Sam Woodward was hired as the new president and CEO of the largest ocean carrier in the U.S. domestic trades, Charlotte-based Horizon Lines, effective June 7, according to a company announcement. Woodward, who has also been appointed to the Horizon board of directors, succeeds Stephen H. Fraser, who has served as interim head since early 2011.

Woodward was most recently an executive at Traffic Tech, a freight forwarder, where he has worked since 2008. Prior to that, he served as managing director of investment bank Bengur Bryan & Co., and was chairman, president and CEO of Gemini Air Cargo from 2004 to 2008. He also ran his own investment company specializing in freight and logistics, and was a vice president at YRC Worldwide.

"Sam brings extensive transportation and logistics experience, and is known for his leadership abilities as a business strategist focused on operational transformation and excellence," said Jeffrey A. Brodsky, chairman of Horizon's board of directors.

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