CP Ships Announces Management Appointments

Jeremy Masters has been appointed as the vice president for the CP Ships Limited business unit. He will report to Chief Operating Officer Frank Halliwell, and will be based in the United Kingdom. Masters joined Canada Maritime in 1984 and for the past years has been CP Ships Vice President responsible for the Asia Service Unit in Hong Kong, which provides sales, marketing and administrative support for CP Ships services in Asia.

He will take over from David Halliday, who for personal reasons will in due course leave the company after a long and distinguished career of over 22 years with both Contship Containerlines and, since 1997, CP Ships. Stuart Rattray will replace Jeremy Masters as Vice President Asia Service Unit in Hong Kong. He joined ANZDL in 1988 and most recently was CP Ships Vice President responsible for new systems development. Godric Baron, Vice President Marine Operations, will also be leaving CP Ships now that the group's four-year $800 million ship replacement program, for which he was responsible, is nearing completion. His marine operations management responsibilities will be divided at the end of February between John Murray, Vice President Marine based in Tampa and Ian Greig, Vice President Marine based in the U.K.