News Release

Friday, 10 January 2014

MOL (America) Inc. Announces Promotion of Richard Craig to Executive Vice President, Sales and Operations


JANUARY 10, 2014 – Lombard, IL – MOL (America) Inc. is pleased to announce the promotion of Mr. Richard Craig to the position of executive vice president, sales and operations. He will continue to report to Tsuyoshi Yoshida, President and Chief Executive Officer, MOL (America) Inc.

“Dick’s extensive credentials and proven leadership ability with our operations department has been a tremendous asset to MOL and he is well prepared to take on the additional responsibility in sales,” said Yoshida. “He’ll continue to play a key senior executive role and provide oversight of MOL (Canada) Inc., MOL (Panama) Inc., and MOL Mexico.”

Mr. Craig has been with MOL (America) Inc. for almost 11 years, and has served in several vice president roles, responsible for yield management, network planning, and area operations. He was named senior vice president, area operations in 2011 while progressively broadening his responsibilities for management oversight to include Canada, Panama, and Mexico.

Mr. Craig earned his undergraduate economics degree from the University of Illinois and an MBA in transportation and finance from the University of Pennsylvania’s Wharton School of Business. After completing his MBA, he joined Southern Pacific for two years, and then spent 22 years with American President Lines where he held key management positions in Oakland as well as Hong Kong and Singapore. He joined MOL in April 2003.

About MOL

Mitsui O.S.K. Lines, Ltd. (MOL) has the world’s largest ocean shipping fleet. Backed by experience and technologies developed over 130 years, MOL moves today’s global economy. MOL operates specialized bulk carriers for iron ore, coal, and woodchips; tankers that transport crude oil and LNG; car carriers; cruise ships; ferries and coastal liners; and containerships that deliver a variety of finished products as part of the largest and most diverse global network of liner and logistics services. MOL (America) Inc. is a wholly-owned subsidiary of MOL.  The company’s website is www.MOLpower.com. To view MOL’s key performance indicators, visit www.CountOnMOL.com.

For more information, please contact:

Timothy Pajak, Corporate Communications Specialist
MOL (America) Inc.
Tel: 1-630-812-3844
/ Fax: 1-630-812-6443
Email:
timothy.pajak@mol-liner.com