January 1977 - Maritime Reporter and Engineering News

M / G Transport Services Announces Major Senior Management Staff Changes

M/G Transport Services, Inc., I l l East Fourth Street, Cincinnati, Ohio 45202, a wholly owned subsidiary of The Midland Company, has announced plans for a major revision in its senior management staff, effective the first of the year.

J.P. Hayden Jr., president of The Midland Company, has stated that David T. Sheehy, founder and current president and chief executive and operating officer of M/G Transport, will be elevated to the position of vice chairman of the board of the company.

While retiring from his position as company president, Mr. Sheehy will assume the position of chairman of the company's long-range planning committee and will remain primarily active in all contract negotiations and new business activities of the company on a permanent basis. Mr. Hayden stated that it has been long understood within the company that Mr. Sheehy desired for some time to remove himself from dayto- day operations of the company, and to direct his full efforts toward the development of new business and the expansion of the company on an overall long-term basis. His elevation to the vice chairmanship will allow him and the company over the next 10- year term of this contractual arrangement to pursue more aggressively the long-term goals of greater participation in inland waterways activities.

At the same time, it was announced that Richard A. Hain has been named executive vice president and chief financial officer encompassing the management of the overall corporate activities of the company. Hugh B. Steger has been named senior vice president-operations. The expanded activities of both Mr.

Hain and Mr. Steger will comple- ment the new areas of activity planned by and for Mr. Sheehy, the company stated. As is the case with all other Midland subsidiary operations, Mr. Hayden will become president of M/G Transport as well as continuing as chairman of the board.

Additionally, it was announced that Larry J. Supple has been named assistant operations officer to Mr. Steger, and that Raymond Ludmann has been appointed to the position of company controller and will assume a portion of Mr.

Hain's previous duties, freeing Mr. Hain for the additional responsibility he now assumes.

Other stories from January 1977 issue


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