Northeast Marine Terminal Names Johnson Top Financial Officer

John W. Johnson, a leader in finance operations in ocean shipping and other major United States industries for more than a decade, has been elected executive vice president and chief financial officer for Northeast Marine Terminal Company, Inc.

The action by the board of directors was reported by F.X. Mc- Quade, president of the Brooklyn, N.Y.-based stevedoring firm that is the largest multipurpose marine facility in the Port of New York and New Jersey.

"We are very pleased to have a man of the high executive caliber of John Johnson as part of our organization and part of the long-range company program to expand our terminal and the movement of ocean cargo through the Brooklyn w a t e r f r o n t , " Mr.

McQuade said.

Mr. Johnson previously served as executive vice president and chief financial officer for American Export Lines, and he also was treasurer/consultant for four years with States Marine International, Inc., a major operator of American and foreign-flag vessels in worldwide operations.

In addition, he was a principal in the accounting firm of Peat, Marwick, Mitchell & Co., controller for the Philadelphia Reading Corp. of New York, assistant controller with Ward Foods, Inc.

of New York, and senior accountant with Arthur Anderson & Co.

of New York.

Northeast Marine Terminal is a 140-acre marine complex located at the Foot of 39th Street on the Brooklyn side of the bistate seaport and directly off the main shipping channel. It has the capability of handling a mix of high productivity containerships, oceangoing barge vessels generally referred to as LASH types, roll-on/roll-off vessels and conventional breakbulk ships.

With its ideal location in the heart of the port — the nation's largest ocean cargo gateway — Northeast Marine has direct access to all modes of transportation, including modern express highways and an expanding network of railway services now being developed by the State of New York.

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