Marine Link
Saturday, October 22, 2016

Rand Appoints Two Directors

April 23, 2013

Rand Logistics, Inc. announced that John Binion, most recently the Chief Operating Officer and Executive Vice President of United Maritime Group, has been appointed to Rand's Board of Directors. Rand also announced that Michael Lundin, who has served as an independent director of Rand since April 2008, has been appointed Lead Independent Director of Rand's Board of Directors.

Laurence Levy, Chairman and Chief Executive Officer of Rand commented, "We are delighted to welcome John to our Board. As COO and EVP of United Maritime, John was integrally involved in all aspects of this leading provider of dry bulk logistics solutions, which included operating the largest Jones Act compliant coastwise fleet of dry-bulk carriers and self-unloading vessels, as measured by dead weight tons. We believe that John's shipping and logistics background, coupled with his financial expertise and business acumen will be additive to our Company."

"We are also very pleased that Mike has assumed the important role of Lead Independent Director. Mike has been an invaluable contributor to Rand and we believe that he will serve our shareholders very effectively in this role. The Board believes that the appointment of a Lead Independent Director strengthens our corporate governance functions and will provide an additional measure of balance to the Board's oversight responsibilities."


Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News