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Matson Announces Leadership Succession Plan for Logistics Unit

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Matson has announced a significant leadership transition in its Logistics unit. Rusty Rolfe, Executive Vice President of Matson and President of Matson Logistics, will retire on July 1, 2025, after 24 years of transformative leadership. Under Rolfe's guidance, the company evolved from an intermodal marketing company to a comprehensive logistics services provider.

Jerome Holland, currently vice president of strategic planning and business development at Matson Logistics, will succeed Rolfe. Holland, who joined Matson in 2013, brings extensive experience in:

  • Investor relations
  • Strategic planning
  • Mergers and acquisitions
  • Business development

Holland's background includes 12 years in investment banking and corporate finance at shipping companies. He holds a bachelor's degree in economics from Queen's University and professional designations as a Chartered Accountant (CA, CPA) and Chartered Financial Analyst (CFA). Chairman and CEO Matt Cox emphasized that this transition aligns with Matson's commitment to succession planning and leadership development, ensuring seamless continuity for customers and business partners.

Matson ha annunciato un'importante transizione nella leadership della sua divisione Logistica. Rusty Rolfe, Vice Presidente Esecutivo di Matson e Presidente di Matson Logistics, andrà in pensione il 1° luglio 2025, dopo 24 anni di guida trasformativa. Sotto la sua direzione, l'azienda si è evoluta da una società di marketing intermodale a un fornitore completo di servizi logistici.

Jerome Holland, attualmente vicepresidente della pianificazione strategica e dello sviluppo commerciale di Matson Logistics, succederà a Rolfe. Holland, entrato in Matson nel 2013, vanta una vasta esperienza in:

  • Relazioni con gli investitori
  • Pianificazione strategica
  • Fusioni e acquisizioni
  • Sviluppo commerciale

Il suo background include 12 anni nel settore bancario e finanziario per società di navigazione. Ha una laurea in economia presso la Queen's University e le qualifiche professionali di Chartered Accountant (CA, CPA) e Chartered Financial Analyst (CFA). Il Presidente e CEO Matt Cox ha sottolineato che questa transizione è in linea con l'impegno di Matson nella pianificazione della successione e nello sviluppo della leadership, garantendo continuità senza interruzioni per clienti e partner commerciali.

Matson ha anunciado una importante transición en el liderazgo de su unidad de Logística. Rusty Rolfe, Vicepresidente Ejecutivo de Matson y Presidente de Matson Logistics, se retirará el 1 de julio de 2025, tras 24 años de liderazgo transformador. Bajo la dirección de Rolfe, la empresa evolucionó de ser una compañía de marketing intermodal a un proveedor integral de servicios logísticos.

Jerome Holland, actualmente vicepresidente de planificación estratégica y desarrollo comercial en Matson Logistics, sucederá a Rolfe. Holland, que se unió a Matson en 2013, aporta una amplia experiencia en:

  • Relaciones con inversionistas
  • Planificación estratégica
  • Fusiones y adquisiciones
  • Desarrollo comercial

Su experiencia incluye 12 años en banca de inversión y finanzas corporativas en compañías navieras. Posee una licenciatura en economía de la Queen's University y las certificaciones profesionales de Contador Público Certificado (CA, CPA) y Analista Financiero Certificado (CFA). El presidente y CEO Matt Cox destacó que esta transición está alineada con el compromiso de Matson con la planificación de sucesión y el desarrollo del liderazgo, asegurando una continuidad fluida para clientes y socios comerciales.

Matson은 물류 부서에서 중요한 리더십 변화를 발표했습니다. Rusty Rolfe Matson의 부사장 겸 Matson Logistics의 사장이자 임원 부사장이 2025년 7월 1일 은퇴할 예정이며, 24년간의 혁신적인 리더십을 이끌어왔습니다. Rolfe의 지도 아래 회사는 단순한 인터모달 마케팅 회사에서 종합 물류 서비스 제공업체로 발전했습니다.

Jerome Holland은 현재 Matson Logistics의 전략 기획 및 사업 개발 부사장으로, Rolfe의 후임으로 임명됩니다. 2013년 Matson에 합류한 Holland는 다음 분야에서 폭넓은 경험을 보유하고 있습니다:

  • 투자자 관계
  • 전략 기획
  • 인수합병
  • 사업 개발

Holland는 해운 회사에서 투자은행 및 기업 금융 분야에서 12년간 근무한 경력이 있으며, Queen's University에서 경제학 학사 학위를 받았고 공인회계사(CA, CPA) 및 공인재무분석사(CFA) 자격을 보유하고 있습니다. 회장 겸 CEO인 Matt Cox는 이번 인사가 Matson의 후계자 계획 및 리더십 개발에 대한 의지를 반영하며, 고객과 비즈니스 파트너에게 원활한 연속성을 보장한다고 강조했습니다.

Matson a annoncé une transition majeure dans la direction de son unité Logistique. Rusty Rolfe, vice-président exécutif de Matson et président de Matson Logistics, prendra sa retraite le 1er juillet 2025, après 24 ans de leadership transformateur. Sous sa direction, l'entreprise est passée d'une société de marketing intermodal à un prestataire complet de services logistiques.

Jerome Holland, actuellement vice-président de la planification stratégique et du développement commercial chez Matson Logistics, succédera à Rolfe. Holland, qui a rejoint Matson en 2013, possède une vaste expérience dans les domaines suivants :

  • Relations avec les investisseurs
  • Planification stratégique
  • Fusions et acquisitions
  • Développement commercial

Son parcours inclut 12 ans en banque d'investissement et finance d'entreprise dans des compagnies maritimes. Il est titulaire d'une licence en économie de la Queen's University et des certifications professionnelles de Chartered Accountant (CA, CPA) et Chartered Financial Analyst (CFA). Le président-directeur général Matt Cox a souligné que cette transition s'inscrit dans l'engagement de Matson en matière de planification de la succession et de développement du leadership, assurant une continuité sans faille pour les clients et partenaires commerciaux.

Matson hat einen bedeutenden Führungswechsel in seiner Logistikeinheit angekündigt. Rusty Rolfe, Executive Vice President von Matson und Präsident von Matson Logistics, wird am 1. Juli 2025 nach 24 Jahren wegweisender Führung in den Ruhestand treten. Unter Rolfes Leitung entwickelte sich das Unternehmen von einem intermodalen Marketingunternehmen zu einem umfassenden Anbieter von Logistikdienstleistungen.

Jerome Holland, derzeit Vizepräsident für strategische Planung und Geschäftsentwicklung bei Matson Logistics, wird Rolfe nachfolgen. Holland, der 2013 zu Matson kam, bringt umfangreiche Erfahrungen mit in den Bereichen:

  • Investor Relations
  • Strategische Planung
  • Fusionen und Übernahmen
  • Geschäftsentwicklung

Holland verfügt über 12 Jahre Erfahrung im Investmentbanking und der Unternehmensfinanzierung bei Reedereien. Er hat einen Bachelorabschluss in Wirtschaftswissenschaften von der Queen's University und trägt die beruflichen Bezeichnungen Chartered Accountant (CA, CPA) sowie Chartered Financial Analyst (CFA). Vorstandsvorsitzender und CEO Matt Cox betonte, dass dieser Wechsel mit Matsons Engagement für Nachfolgeplanung und Führungskräfteentwicklung übereinstimmt und eine nahtlose Kontinuität für Kunden und Geschäftspartner gewährleistet.

Positive
  • Planned smooth leadership transition with experienced successor already identified
  • New leader Jerome Holland brings strong financial background with CPA and CFA designations
  • Incoming president has 12 years of investment banking and corporate finance experience
  • Demonstrates strong internal succession planning and leadership development
Negative
  • Loss of long-term executive Rusty Rolfe with 24 years of company experience
  • Potential disruption in logistics division during leadership change

HONOLULU, April 28, 2025 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) announced today that Rusty Rolfe, Executive Vice President of Matson and President of Matson Logistics, will retire on July 1, 2025, having led the growth of Matson Logistics from its beginnings as an intermodal marketing company to an award-winning provider of diverse and integrated logistics services over the past 24 years.

"Rusty's influence at Matson over the past two decades will leave an indelible mark on our Logistics platform. With his unwavering commitment to our company's values and his passion for delivering exceptional logistics services, he has set the gold standard within our organization," said Matt Cox, Chairman and CEO. "As a respected member of Matson's executive management team, Rusty's involvement in numerous strategic initiatives over the past two decades has been invaluable. We are deeply grateful to Rusty for his leadership and significant contributions to Matson, and we wish him all the best in retirement."

The Company announced that Jerome Holland, currently vice president, strategic planning and business development at Matson Logistics, will succeed Rolfe.

"Succession planning and a commitment to developing emerging leaders is a cornerstone of Matson's culture," said Cox. "As a result, we are pleased to have a very talented and well-prepared successor in Jerome Holland, who will continue working closely with Rusty over the coming months to ensure that this transition in our Logistics division will be seamless to our customers and business partners."

Holland joined Matson in May 2013 and has served in a series of executive positions responsible for investor relations, strategic planning, mergers and acquisitions, and business development. Prior to Matson, Holland worked for 12 years in investment banking and corporate finance roles at two leading public shipping companies. He holds a bachelor's degree in economics from Queen's University, and professional designations as a Chartered Accountant (CA, CPA) and a Chartered Financial Analyst (CFA).

Rolfe joined Matson Logistics in December 2001 as executive vice president.

Before Matson Logistics, Rolfe held operations and sales management positions and had 19 years of experience in the transportation industry, including the LTL and rail business with Milne Truck Lines, Viking Freight, and Consolidation Rail Corporation. He spent 11 years at American President Lines, Ltd. (APL) and was president of RISS/USSI, a division of Worldpoint Logistics, from 2000 to 2001.

About the Company

Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services. Matson provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia. Matson also operates premium, expedited services from China to Long Beach, California, provides service to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from ports in Alaska to Asia. The Company's fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and barges.  Matson Logistics, established in 1987, extends the geographic reach of Matson's transportation network throughout North America and Asia. Its integrated, asset-light logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, supply chain management, and freight forwarding to Alaska. Additional information about the Company is available at www.matson.com.

Investor Relations inquiries:

News Media inquiries:

Justin Schoenberg

Keoni Wagner

Matson, Inc.

Matson, Inc.

510.628.4234

510.628.4534

jschoenberg@matson.com

kwagner@matson.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/matson-announces-leadership-succession-plan-for-logistics-unit-302440164.html

SOURCE Matson, Inc.

FAQ

When will Rusty Rolfe retire as President of Matson Logistics (MATX)?

Rusty Rolfe will retire on July 1, 2025, after serving 24 years and leading Matson Logistics' growth from an intermodal marketing company to an integrated logistics services provider.

Who is replacing Rusty Rolfe at Matson Logistics (MATX) in 2025?

Jerome Holland, currently vice president of strategic planning and business development at Matson Logistics, will succeed Rusty Rolfe as the new president.

What experience does Jerome Holland bring to his new role at Matson (MATX)?

Jerome Holland joined Matson in 2013, has executive experience in investor relations, strategic planning, and M&A, plus 12 years in investment banking. He holds a bachelor's in economics and CPA and CFA designations.

How long did Rusty Rolfe work at Matson Logistics (MATX)?

Rusty Rolfe joined Matson Logistics in December 2001 as executive vice president and served for over 24 years, transforming the company from an intermodal marketing company to an award-winning logistics provider.

What is Matson's (MATX) approach to leadership succession?

According to CEO Matt Cox, succession planning and developing emerging leaders is a cornerstone of Matson's culture, ensuring seamless transitions for customers and business partners.
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