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The CSL Group President and CEO retires

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World Coal,

Rod Jones has decided to retire from the CSL Group, effective 31 March 2017, after a nine year tenure as President and Chief Executive Officer, and a career with CSL that has spanned over thirty years.

During his three decades at CSL, Jones worked with CSLers around the world to transform what was a Great Lakes-focused shipping business into the largest owner and operator of self-unloading ships in the world. Under his leadership, CSL expanded beyond Canada and the Americas to Australia, Asia and Europe.

“The CSL Board of Directors and the Martin family are very grateful for the enormous contribution Rod Jones has made to the company’s growth and success,” said Paul Martin, Chair of the CSL Board. “Rod has stood out as an inclusive, visionary and modern leader who leaves behind a sound company and lasting legacy built on authentic values and a commitment to people, safety and the environment.”

Louis Martel, President, CSL International and Executive Vice-President, CSL Group, will succeed Jones and assume the role of Chief Executive Officer, effective 1 April 2017.

"I have been privileged to lead our talented and committed ship and shore teams through an era of transformation at CSL and in the shipping industry," commented Jones. "It’s now time to move on and I am extremely pleased with the Board’s decision to appoint Louis Martel to chart the new course for CSL.I look forward to working with Louis during a seven-month transition period. He is an experienced and accomplished leader with extensive knowledge of our ships, markets and strategies.”

Louis Martel joined Canada Steamship Lines as a Naval Architect in 1997 and transferred to CSL Americas in 2003 where he became Vice-President, Technical Operations. He took the helm of Canada Steamship Lines as President in April 2012 and was promoted to Executive Vice-President, CSL Group, and President, Canada Steamship Lines in January 2014. A year later, he was appointed President, CSL International.

“Over the course of his 19 year career at CSL, Louis Martel has demonstrated a strong commitment to our customers and employees, and the aptitude and drive to successfully advance CSL’s strategic vision,” said Paul Martin. “The Board is confident in Louis’ ability to successfully lead CSL into the future.”

Edited from press release by Harleigh Hobbs

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