P&O Appoints Rice To Board

The Peninsular and Oriental Steam Navigation Company added Charles Rice as a Board Member with immediate effect. Rice, 47, is Managing Director of P&O TransEuropean, the Group's European logistics business. He joined the Group in 1974 and held a number of commercial and operational roles within the container division in Japan, Australia and the USA before moving across to logistics and distribution. After a period as Managing Director of P&O Trans European in Germany he was appointed to his current position in 1996. Rice has an MBA from INSEAD and an honors degree in history from Oxford University.