February 3, 2022 — GCT Global Container Terminals Inc. (GCT) today announced that Doron Grosman, President and Chief Executive Officer, has tendered his resignation. The Board of Directors has accepted his resignation effective February 25, 2022.
Since joining GCT in 2017, Mr. Grosman has consistently distinguished himself throughout his time at the company. Together with the GCT management team, he has significantly enhanced shareholder value since assuming his role as CEO.
During his tenure, Mr. Grosman led the strategy and growth of the company’s topline by extending all customer contracts and winning new business. Mr. Grosman also brought a strong focus to operational efficiencies and ESG across GCT, while increasing the effectiveness of GCT’s capital investment strategy & deployment. Further, Mr. Grosman worked collaboratively and built a highly effective and aligned organization, which benefited the shareholders, the company and the employees.
The Board sincerely thanks Mr. Grosman for his many contributions to the company and wishes him continued success as he undertakes the next chapter in his career.
GCT business operations will not be affected by this change. To ensure a smooth transition, effective February 3rd Eric Waltz and John Atkins assumed joint leadership of GCT, reporting directly to the GCT Board of Directors. GCT USA will continue to be led by John Atkins, and GCT Canada will continue to be led by Eric Waltz.