Two Matson Navigation Executives Trade Jobs

Two senior executives of Matson Navigation Company and its subsidiaries, Matson Terminals, Inc., and Matson Agencies, Inc., have traded jobs and each has assumed additional duties, R.J. Pfeiffer, Matson president, announced. James P. Gray, president of Matson Terminals, Inc., and Robert T. Colson, president of Matson Agencies, Inc., switched responsibilities as follows: Mr. Gray, a senior vice president of Matson Navigation, assumed responsibility for Matson's freight division, including freight operations, marketing, sales and pricing. He also became chairman of the board of Matson Terminals, Inc., and president of Matson Agencies, Inc.

Mr. Colson, also a senior vice president of Matson Navigation Company, became president of Matson Terminals, Inc., and also became chairman of the board of Matson Agencies, Inc.

Mr. Pfeiffer said the transfer was made to "broaden their management perspectives and enable each to provide fresh insights to the two companies, so closely linked in Matson's intermodal transportation services."

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