CP Ships Restructures Executive Ranks

Following the appointment of Frank Halliwell as CEO by the Board of Directors in early May, CP Ships announced a restructured executive management team.

Alan Boylan is joining CP Ships as Executive Vice President Commercial for Montreal Gateway, Australasia and Middle East/India. He was previously Senior Vice President responsible for ocean freight activities at Exel, the global logistics company. He joined the shipping industry in 1974 as a marine economist with Ocean Transport & Trading, an Exel predecessor company. He will be based in Gatwick, UK.

Juan Manuel Gonzalez has been promoted to EVP Commercial for Americas-Pacific and Gulf/Atlantic. He was formerly Senior Vice President Americas-Pacific. He is based in Tampa, Florida.

Glenn Hards has been promoted to EVP Operations responsible for corporate planning, ship networks, marine operations and container fleet. He previously served as VP Alliances and will work from both Gatwick and Tampa. The fourth member of the executive management team reporting to Halliwell is CFO Ian Webber, who will be based in Gatwick when CP Ships moves its corporate headquarters from central London later in the year.

"We know Alan Boylan well from working closely with him as a key customer. His industry experience and knowledge of our business will be a tremendous asset. With this new structure in place, we have an exceptionally strong executive team which better positions us to manage our business more efficiently and remain competitive in a challenging marketplace," Halliwell said.

Frank Halliwell was appointed CEO on 4th May 2004 after serving as Chief Operating Officer. At the same time, former CEO Ray Miles became Chairman and former Chairman Lord Weir became Lead Independent Director.