Navios Maritime Holdings Inc. has announced several senior leadership changes effective as of January 1, 2015.
Shunji Sasada has been promoted to President of Navios Corporation and appointed as a member of the board of Navios Holdings. Sasada has served Navios in various capacities over the past 17 years, most recently as Chief Operating Officer of Navios Corporation and as a director, since their formation, of both Navios Maritime Partners L.P. and Navios Maritime Midstream Partners L.P. Sasada started his shipping career in 1981 in Japan with Mitsui O.S.K. Lines, Ltd. Sasada is a member of the North American Committee of Nippon Kaiji Kyokai and has a B.A. in business from Keio University, Tokyo.
Ted C. Petrone has been appointed as Vice Chairman of Navios Corporation. During his 34 years of employment at Navios, Petrone served in various capacities most recently as President and a member of the board of Navios Holdings and Navios Maritime Acquisition Corporation. Petrone will continue to serve on the board of Navios Acquisition. Petrone graduated from New York Maritime College with a B.S. in maritime transportation and served aboard U.S. Navy (Military Sealift Command) tankers.
Angeliki Frangou, Chairman and CEO of Navios Holdings stated, "Shunji, Ted and I have worked together for years and have formed a deep personal bond. Together, we have been able to develop and execute our key initiatives and continue Navios' record of success. Today, we welcome Shunji to his new leadership role, where we will continue to enjoy his substantial depth of knowledge, many years of experience and deep industry relationships. We also wish Ted well as he transitions from his current responsibilities to focusing on the continued development of Navios Acquisition and Navios Midstream."
In addition, Tom Beney has joined Navios Corporation as Senior Vice President - Commercial Affairs, where he will work to further strengthen and promote Navios' trading and commercial activities. For the past 15 years, Beney worked at various capacities at Cargill, most recently as President of Cargill Ocean Transportation USA. Beney started his career at Navios in 1991, where he represented the company on the Baltic Exchange in London. Beney has a BSC in Maritime Business from Plymouth University.
Angeliki Frangou, stated, "We welcome Tom back to Navios where he embarked on his career over 20 years ago. Tom adds the perspective of someone who has worked at a global commodity company, and his experience will be a valued addition."
