The move reflects TSA's expanded, more diverse membership over the past two years, and the need to base strategic decisions going forward on member's different geographic, customer and cargo market profiles. TSA's transition to the new structure followed several months' planning under Mr. Kim's leadership as chairman, and took effect on July 1, 2011 as his 18-month term expired.
The Agreement expressed gratitude for Mr. Kim's valued guidance and steady management during his tenure, which coincided with a period of sustained market, regulatory, service and financial challenges for ocean carriers operating in the Pacific.
TSA's six-member Executive Committee has been in place for some time, in an advisory capacity. It will now be responsible for direct leadership of the group through collective discussion and strategic decisionmaking. Conrad, as executive administrator, will facilitate meetings, develop and provide supporting research and documentation, and coordinate policy implementation.
The current TSA Executive Committee consists of APL, Ltd. President Ken Glenn; Evergreen Marine Co. President Anchor Chang; Hanjin Deputy President and Chief Executive of Container Business W.W. Lee; Maersk Line Vice President, Network and Product, Pacific Services Lars Mikael Jensen; N.Y.K. Line Global Liner Management Division CEO and Board Director Kenji Mizushima; and OOCL Chief Operating Officer Andy Tung.
In coming months, Conrad said, TSA will decide on a term limit for the Executive Committee, as well as a rotation process that will provide for eventual leadership participation by other TSA lines in their turn.
