HONOLULU, April 26, 2018 /PRNewswire/ -- The Board of
Directors of Matson, Inc. ("Matson" or the "Company") (NYSE: MATX),
a leading U.S. carrier in the Pacific, announced that shareholders
elected Mark H. Fukunaga, Chairman
and CEO of Servco Pacific Inc., a new member of the Matson board at
the Company's annual meeting of shareholders today.
Concurrently, Jeffrey N.
Watanabe, the board's Lead Independent Director, retired
from the board in accordance with the board's mandatory retirement
age policy. Matson Chairman and CEO Matt Cox announced that the board's independent
directors have designated Stanley M.
Kuriyama to succeed Watanabe as Lead Independent
Director.
"We are excited to welcome Mark
Fukunaga as the newest member of the Matson board and know
that his demonstrated business leadership and deep roots in our
community further strengthen an already experienced board," Cox
said.
Cox added, "Speaking on behalf of our entire board and the
executive leadership team at Matson, we owe a deep debt of
gratitude to Jeff and thank him for his 15 years of service and
strong guidance during a very important period in our company's
136-year history."
About the Company
Founded in 1882, Matson (NYSE: MATX) is a leading provider of
ocean transportation and logistics services. Matson provides
a vital lifeline to the domestic non-contiguous economies of
Hawaii, Alaska, and Guam, and to other island economies in
Micronesia. Matson also operates a premium, expedited service
from China to Southern California and provides services to
Okinawa, Japan and various islands
in the South Pacific. The Company's fleet of owned and
chartered vessels includes containerships, combination container
and roll-on/roll-off ships and custom-designed barges. Matson
Logistics, established in 1987, extends the geographic reach of
Matson's transportation network throughout the continental
U.S. Its integrated, asset-light logistics services include
rail intermodal, highway brokerage, warehousing, freight
consolidation, Asia supply chain
services, and forwarding to Alaska. Additional information
about the Company is available at www.matson.com
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Matson,
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Matson,
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510.628.4227
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510.628.4534
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SOURCE Matson, Inc.