After two years on the job, Port of Long Beach’s CEO Jon Slangerup abruptly announced late Thursday he would step down effective Oct. 31.
Slangerup, who earns $350,000 a year as head of the nation’s second largest port, will accept a job as chairman and CEO of “a leading aviation technology company,” according to a statement from the Port of Long Beach that offered no further specifics.
“I leave my post content in the knowledge that the Port’s greatest years lie ahead,” Slangerup said in a statement. “The experience of helping guide the Port through our industry’s swiftly changing and often uncharted waters has been both an exciting challenge and a great honor.”
His announcement comes as one of the nation’s busiest seaports faces a crisis after the seventh largest carrier company Hanjin Shipping Co.’collapsed last week, leaving the future of its assets, including a stake in the port’s largest terminal, unclear.
Source: Press Telegram