John Parrott to Assume Role of President of Foss Maritime

Paul Stevens to transition to executive role at parent company

SEATTLE, June 17, 2016— Foss Maritime Company Chief Operating Officer John Parrott will take over the role of President of Foss Maritime, assuming responsibility for the day-to-day operations of the company as of August 1, 2016. Current President and CEO, Paul Stevens, will remain CEO of Foss until the end of 2016. He will then move to Foss parent company, Saltchuk, where he will serve as Senior Vice President and Managing Director.

Parrott, who came to Foss as COO in January of this year from sister company TOTE Maritime, takes the helm with over 28 years of maritime experience, both at sea and ashore. “Foss is an incredibly dynamic company,” said Parrott. “We are building on more than 125 years of safe, innovative service, and we have an exciting road ahead. I’m honored to be part of this iconic company.”

Paul Stevens has had a distinguished maritime career for more than 40 years. “I’m happy to turn over the company to someone that not only has an extensive maritime background,” said Stevens, “but has also earned the respect of our owner group at Saltchuk through his contributions at TOTE Maritime.”

“Paul has led Foss through an incredible period of growth and has served as a capable leader within our company for more than 13 years,” said Tim Engle, President of Saltchuk. “We are grateful that we will continue to have Paul’s leadership and expertise serving the entire Saltchuk family of companies.”

In his new role at Saltchuk, Stevens will support various strategic initiatives currently underway and will help support Saltchuk’s growth activities.