Ports America, the largest marine terminal operator and stevedore in North America, has tapped a well known name in Hong Kong port circles as its next president. Peter Levesque will step down as CEO of Modern Terminals, Hong Kong’s oldest terminal operator, and return home to the US after 25 years in Asia, to take the Ports America role from February next year. The ports veteran will report directly to Mark Montgomery, the CEO of Ports America.
“Having Peter Levesque join Mark Montgomery, Rick Surett and Jim Pelliccio as a core part of the management team is central to the strategic growth plan for Ports America,” said Dave Starling, the chairman of the company board.
In Hong Kong, Horace Lo, a 24-year veteran at Modern Terminals, will step up to replace Levesque.
“While we are facing many challenges in this difficult market, I’m confident that with our solid and professional team we will navigate through them successfully together with our customers and other stakeholders” Lo said on his new appointment.