Ports America Group has appointed Mark Montgomery as president and CEO, the former head of its terminal in Chesapeake from 2010 to 2014.
Replacing Michael Hassing, Montgomery currently serves as a senior adviser and operating partner to the Infrastructure Investing strategy of Oaktree Capital Management.
He led the company through a public private partnership (PPP) with the Maryland Port Administration at PAC in 2010.
Montgomery said: “The company will remain focused on providing best-in-class service to many of the world’s leading shipping lines.
“I also believe there is a tremendous opportunity to provide improved workflow solutions to beneficial cargo owners to drive dramatic growth for the company.”
He serves in board roles at the Port Newark Container Terminal (PNCT), PAC, the Delaware River Stevedore joint venture in Philadelphia, the CP&O joint venture in Norfolk, the Port of Miami Terminal Operating Company and the Eller-ITO Stevedoring joint ventures in Miami.
Montgomery is also on the Board of the National Association of Waterfront Employers, the North Atlantic Ports Association and the General Stevedoring Council.
Concurrently, Dave Staring, former CEO of the Kansas City Southern (KCS) railroad, will become chairman of the board of directors.
He currently serves on the board of directors of Greenbrier, an international railcar manufacturing and leasing company, as well as being a senior adviser to Oaktree’s Infrastructure Investing strategy.
Prior to KCS, Staring held management, leadership and operational positions at the Panama Canal Railways Company, American President Lines, the St. Louis-San Francisco Railroad and Burlington Northern.
Staring will replace James Kowalishin, who will continue to serve on the board of directors.