Horizon Lines, Inc. (OTCQB: HRZL) has announced that Sam Woodward has joined the company as President and Chief Executive Officer (CEO) and has been appointed to the company’s Board of Directors, effective June 7, 2012. Mr. Woodward succeeds Stephen H. Fraser, who has served as interim President and CEO since March 2011.
Woodward, 63, joins Horizon Lines from Traffic Tech Inc., an international freight forwarder, where he held several executive leadership roles. He also served as a managing director of Bengur Bryan & Co., a middle market investment bank, where since 2008 he headed the firm’s Transportation and Business Process Outsourcing Practice. From 2004 to 2008, Mr. Woodward was Chairman, President and CEO of Gemini Air Cargo, Inc. Prior to Gemini, Mr. Woodward was president of SAW Investment Services, his own investment firm, where he oversaw investment and management services in the U.S. freight- and logistics-based technology markets. From 1994 to 1999, Mr. Woodward served at YRC Worldwide as Senior Vice President, Operations and Planning, managing operations and strategy of the company’s portfolio of transportation and logistics companies.Sam Woodward, Horizon Lines CEO
