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Archive
2006-07-25 SEC-001
Sea Containers
Sea Containers announces management change: Christopher Garnett steps down as Senior Vice President - Rail and as CEO of GNER subsidiary
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Press release
Sea Containers
Sea Containers announces management change: Christopher Garnett steps down as Senior Vice President - Rail and as CEO of GNER subsidiary
HAMILTON, Bermuda, July 25 Sea Containers Ltd. (NYSE: SCRA, NYSE: SCRB),(www.seacontainers.com) today announced that Christopher Garnett, Chief Executive Officer of GNER and Senior Vice President - Rail of Sea Containers, will be stepping down after ten years with the Company.
Mr Garnett, 60, will leave the Company on August 31. Bob MacKenzie, President and CEO of Sea Containers, will become Executive Chairman of GNER, supported by the other GNER directors.
Mr Garnett said: "After ten challenging and rewarding years helping to transform GNER into a company renowned for customer service, now is the right time to step down and hand over to others to lead the next stage in GNER's development."
Commenting on Mr Garnett's departure, Mr MacKenzie said: "We thank Christopher for his sterling work building GNER into the first class train operating company which it is, and for his efforts and commitment to the company since 1996. Looking ahead, GNER does face a number of challenges, which in the current financial environment need urgent attention. I will be working with the GNER team to address these."
Railnews Archive ::: 2006-07-25 SEC-001
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