Kevin Doherty transitions to board seat, Michael Fratianni assumes role of president and CEO at Montreal Gateway Terminals Partnership.
Montreal Gateway Terminals Partnership (MGT) has announced the retirement of Kevin M. Doherty as President and CEO. Doherty will take a seat on MGT’s board and will be replaced by COO and CFO Michael Fratianni. Guy Desrosiers, currently Treasurer, will become CFO. MGT is wholly owned by MGT Holdings S.à.r.l., a subsidiary of Morgan Stanley Infrastructure Partners.
Doherty’s 51-year career at the Port of Montreal has included many roles, leading to his heading up MGT operations in 1997 and becoming CEO in 2007. He oversaw modernization of the facility, strategic business initiatives, and successful navigation of a downturn in volumes during the Global Financial Crisis. Doherty’s board seat will allow him to continue to contribute his deep knowledge and experience to the management of MGT. He is also chairman of the Maritime Employers Association.
Fratianni has served in crucial financial and senior business roles at MGT since 1986. In addition to his responsibilities as CFO, Fratianni’s background in marine terminal management includes business development, the maintenance of commercial relationships and contract negotiations.
“We are grateful to Kevin for the key role he has played in the success of MGT,” said John Watt, Chairman of the MGT Board of Directors and a Managing Director with Morgan Stanley Infrastructure. “We likewise have great confidence in the talent and ability of Michael, Guy, and the entire management team. During the seven years of Morgan Stanley Infrastructure’s involvement with MGT, we have seen how nimble, creative, and adaptable they were during difficult economic times, and we are confident the company is well positioned to handle any future challenges and opportunities that may arise.”
In addition to Guy Desrosiers’s assumption of the role of CFO, several MGT veterans will assume senior management positions. Meguerditch “Migo” Kanondjian will become vice president of operations, Daniel Boyer will become vice president of maintenance and engineering, and Frederic Provost will become vice president of risk management.
“I feel I am leaving day-to-day leadership of the company in very good hands,” said Doherty. “This is the team that has implemented so many of the improvements in operations at the facility and made such great strides in the relationships with our customers, employees and other stakeholders. It is because of them that MGT is widely recognized as an efficient, collaborative, and customer-friendly partner.”
“I feel very fortunate to take on this new role at such an exciting time,” said Fratianni. “Today we are in the process of implementing innovations to expand our capabilities and further enhance our technology and efficiency. We hope to deepen our great working relationships up and down the supply chain. MGT is poised for an even greater competitive edge as a first choice for container handling services in Montreal.”
