Matson, Inc. (MATX)

108.85 -0.87 (-0.79%) At close: 03:59PM EDT

Matson, Inc.

1411 Sand Island Parkway
Honolulu, HI 96819
United States
808 848 1211
https://www.matson.com

Sector(s): Industrials
Industry: Marine Shipping
Full Time Employees: 4,315

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Matthew J. Cox	Chairman & CEO	2.73M	N/A	1961
Mr. Joel M. Wine	Executive VP & CFO	1.43M	N/A	1972
Mr. Peter T. Heilmann	Executive VP, Chief Administrative Officer & General Counsel	1.13M	N/A	1969
Mr. Rusty K. Rolfe	Executive VP & President of Matson Logistics	1.04M	N/A	1958
Mr. John P. Lauer	Executive VP & Chief Commercial Officer	1.14M	N/A	1961
Mr. Lee J. Fishman	Director of Investor Relations	N/A	N/A	N/A
Mr. John R. Wagner	Director of Corporate Communications	N/A	N/A	1961
Mr. Jason L. Taylor	Senior Vice President of Human Resources	N/A	N/A	1974
Mr. Vicente S. Angoco Jr.	Senior Vice President of Alaska	448.49k	57.77k	1967
Ms. Grazyna M. Cerocke	Senior Vice President of Finance - Matson Logistics	N/A	N/A	1979

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Matson, Inc., together with its subsidiaries, engages in the provision of ocean transportation and logistics services. It operates through two segments, Ocean Transportation and Logistics. The Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Japan, Alaska, and Guam, as well as to other island economies in Micronesia. It primarily transports dry containers of mixed commodities, refrigerated commodities, food products, beverages, building materials, automobiles, and household goods; livestock; seafood; general sustenance cargo; and garments, footwear, e-commerce, and other retail merchandise. This segment also operates an expedited service from China to Long Beach, California, and various islands in the South Pacific, as well as Okinawa, Japan; and provides stevedoring, refrigerated cargo services, inland transportation, container equipment maintenance, and other terminal services to ocean carriers on the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska locations of Anchorage, Kodiak, and Dutch Harbor. In addition, it offers vessel management and container transshipment services. The Logistics segment provides multimodal transportation brokerage services, including domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, flat-bed and project, less-than-truckload, and expedited freight services; less-than-container load consolidation and freight forwarding services; warehousing and distribution services; supply chain management services, and non-vessel operating common carrier freight forwarding services. It serves the U.S. military, freight forwarders, retailers, consumer goods, automobile manufacturers, and other customers. The company was formerly known as Alexander & Baldwin Holdings, Inc. and changed its name to Matson, Inc. in June 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.

Corporate Governance

Matson, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 2; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.