News Release

Monday, 09 June 2014

MOL Liner Names Richard Craig New President and CEO of MOL (America) Inc.


MOL Liner Ltd. has announced that Mr. Richard “Dick” Craig has been promoted to President and CEO of MOL (America) Inc. effective June 24, 2014. He has 34 years of experience in the container shipping industry including over 11 years with MOL.

MOL Liner Ltd.’s President & Chief Executive Officer Mr. Toshiya Konishi said, “Dick was instrumental in bringing MOL (America) Inc. up to one of the most efficient and productive organizations within MOL Liner in the last 10-plus years. I believe Dick is ideally suited to continue to drive the company forward, build on its potential and realize its intrinsic value in order to accomplish and exceed our goals under the MOL Group’s “STEER FOR 2020” mid-term management plan.”

Mr. Craig, currently the executive vice president, sales and operations of MOL (America) Inc., joined MOL (America) Inc. in April 2003. He 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.

Mr. Craig’s personal history:

Date of Birth:                      July 1954

Present Position:                Executive Vice President, Sales and Operations, MOL (America) Inc.

Education:

May 1978:                            MBA Wharton Graduate Division, University of Pennsylvania
May 1976:                            B.A. in Economics, University of Illinois

Business Experience:

January 2014:                      Executive Vice President, Sales and Operations, MOL (America) Inc.
August 2011:                        Senior Vice President, Operations, MOL (America) Inc.
May 2007:                            Vice President, Operations, MOL (America) Inc.
April 2003:                            Vice President, Yield Management, MOL (America) Inc.
January 2002:                      Vice President, Yield Management and Analysis, APL
2000 to 2001:                      Vice President, Strategic Liner Management, APL
1998 to 1999:                      Vice President, Logistics for the Americas, APL
1987 to 1998:                      Director, various Logistics/Alliance Development/Yield and Transpacific, APL
1984 to 1987:                      Regional Administration Manager and Logistics Manager, APL
1980:                                     Manager, Performance Analysis/Financial Analyst, APL
1978:                                     Transportation Analyst, Southern Pacific Transportation