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Ted Tregurtha Is New President for Moran
 On January 1, 2001, Mr. Edward J.
("Ted") Tregurtha became Moran Towing Corporation's new President. The announcement
was made by Paul R. Tregurtha, Chairman and Chief Executive Officer of Moran Transportation
Company. Ted Tregurtha succeeds his father, Paul R. Tregurtha, who had assumed the dual role
of Chairman and President when Malcolm MacLeod, Moran's former President retired in July, 1999.
In his announcement Paul Tregurtha stated, "Edward possesses a great deal of experience
in the maritime industry, including chartering, finance and marketing, and has demonstrated
outstanding leadership as a team builder at Moran. In his new position, he will help Moran
continue its record of growth and success."
Edward Tregurtha is a 1985 graduate of Cornell University. After four years working in the
banking industry, Ted returned to Cornell and in 1991 he received a Masters degree with
distinction in Business Administration. He has been an executive with Moran since 1996, most
recently as a Division Vice President. At Moran he also worked in finance, information systems,
marketing and new projects. Prior to joining Moran, Ted was Vice President Marketing &
Finance at Global Self-Unloaders, Inc., located in Montreal, Canada and Stamford, CT. Before
that he was a Financial Analyst in International Government contracts at IBM, and he also
worked as an Assistant Vice President and Credit Analyst at Hartford National Corporation.
A native of Darien, CT, Ted now resides in Ridgefield, CT with his wife, Marci and four children.
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