GCT Global Container Terminals Inc. Announces New President & CEO

Vancouver, BC, Canada and Staten Island, NY, USA, July 21, 2017 -- David Emerson, P.C., O.B.C., Chair of the Board for GCT Global Container Terminals Inc. (GCT) today announced the appointment of Doron Grosman as President and Chief Executive Officer, effective immediately. Doron replaces Stephen Edwards, who served in the position since 2012. On behalf of the entire organization, Mr. Emerson extends GCT’s sincere thanks to Stephen for his service leading the company, and wishes him well.

Doron Grosman, President & CEO GCT Global Container Terminals Inc.

Doron is widely known for his ability to drive company performance through the acceleration of revenue growth, optimization of costs and capital, as well as the delivery of superior customer value.

"We are confident that Doron’s operational focus and broad range of industry experience will lead GCT through the next transformational stage of growth, improving service delivery to our customers and value to our stakeholders," said Emerson. "He will be responsible for all operations in both Canada and the United States."

Doron is a seasoned, multi-industry executive with experience in a variety of C-suite roles at global Fortune 1000 companies as well as middle market private equity owned companies. Most recently from 2010 to 2017, he was an Operating Partner at New York-based Court Square Capital Partners, where he was a member of the Investment Team working with portfolio companies in a variety of service and technology industry sectors, on key strategic and operational initiatives.

Prior to this, Doron was President for Hexcel Corp., a public company that is a global leader in advanced composites technology and was previously also the President of Quebecor Magazine Printing Solutions. His leadership drove enhanced results throughout both of these organizations.

Doron started his career at Bain & Company, the management consulting firm, and then spent eleven years in various senior executive roles in General Electric (GE) both in the corporate office and at GE Plastics. Following his career at GE, Doron was the de facto Chief Operating Officer for American Standard’s global Trane Air-Conditioning business.

In addition to more than 30 years of leadership experience, Doron holds a MBA from the Harvard Business School as well as a Masters of Science in Engineering from the University of Witwatersrand in South Africa.

About GCT Global Container Terminals Inc.

Headquartered in Vancouver, BC, GCT Global Container Terminals Inc. operates four Green Marine certified terminals in two principal North American ports. Through GCT USA on the East Coast, the company operates two award-winning facilities: GCT New York on Staten Island, NY and GCT Bayonne in Bayonne, NJ. On the West Coast, GCT Canada operates two gateway terminals: GCT Vanterm and GCT Deltaport in Vancouver and Delta, BC. Visit globalterminals.com and follow us on Twitter at @BigShipReady to read more about GCT.

Attachments:

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Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/9988a4f6-9c21-4a97-bc22-34671a685f44

Louanne Wong
GCT Global Container Terminals Inc.
+1 604 267 5102
[email protected]