Frasher Takes Head of Helm at American Commercial
Stephen A. Frasher has been appointed president and CEO of American Commercial Barge Line LLC as well as CEO of Jeffboat LLC, Louisiana Dock Company LLC and American Commercial Terminals LLC. With 31 years of experience in the transportation industry, most recently as president and CEO of Tidewater Holdings, Frasher’s hiring is part of a management transition plan for the retirement of Michael C. Hagen, who plans to step down at the end of October.
Frasher Steps Down as ACL CEO
American Commercial Lines LLC announced that Stephen A. Frasher will step down as President and CEO effective April 30, 2004. ACL will make the following executive changes on that date. Richard L. Huber will assume the position of Chief Executive Officer of American Commercial Lines LLC. Mr. Huber has been a member of the ACL Board since 2000, and currently serves as its Chairman. Mr. Huber has over forty years of investment and merchant banking, international business, and management experience, having held executive positions with Chase Manhattan Bank, Citibank, Bank of Boston, and Continental Bank. He was most recently CEO of Aetna, Inc.
ACBL Makes Appointments
Larry Cornett, Keith White and Reuben R. Bush have joined ACBL as Fleet Managers in the Planning Center. James Benjamin Chandler, Theus Slemmons and Jackie Hansford have been named Dispatcher in the Logistics Department. Donald N. LaVigne, Jr. has joined ACBL as Boat Com Operator in the Logistics Department. Scott W. Nelson has joined ACBL as Oracle DBA Administrator and Betty Waggoner has been named PeopleSoft Programmer/Analyst in the Technology Department. Sean Smith has been named Director of Operations and Enrique Gil has been named Director of Finance and Administration for ACBL de Venezuela, C.A. Lee Schroeder has been named Fleet Superintendent for the Harahan and Marrero, Louisiana Fleets. Trinette M.
