Wasacz Succeeds Gray As President Of Matson Navigation

Michael S. Wasacz has been named president and chief operating officer of Matson Navigation Company and senior vice president-ocean transportation of Alexander & Baldwin, Inc., Matson's parent company. This was announced by R.J. Pfeiffer, chair- man and president of A&B and Matson's chairman and chief executive officer.

Mr. Wasacz succeeds the retiring James P. Gray as Matson president and as board chairman of Matson's subsidiaries, Matson Agencies, Inc., and Matson Services Company. Mr. Wasacz also continues as chairman of the subsidiary Matson Terminals, Inc. A 22-year Matson employee, he is the 12th president of the 99-year- old West Coast-Hawaii shipping line, which is headquartered in San Francisco.

Mr. Gray retired June 1 after a 45-year maritime career, which he began as a dock clerk in Los Angeles. He became president in October 1979, after serving as executive vice president-operations, senior vice president in charge of the freight division, and president and chairman of Matson Terminals, Inc.

Mr. Wasacz was appointed executive vice president last November.

Before that he was president of Matson Terminals, Inc., and a Matson Navigation Company senior vice president following area manager assignments in Hawaii, southern California, and northern California. He joined Matson in 1959 as a freight clerk in the New York office.

Maritime Reporter Magazine, page 28, Jun 15, 1981

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.