Matson Announces Leadership Transition Ahead of Future Growth in Logistics Sector

Matson's Strategic Leadership Transition

Matson, Inc., a prominent name in the logistics and transportation sector, has made significant waves with the announcement of a leadership succession plan for its logistics unit. Rusty Rolfe, who has served as the Executive Vice President and President of Matson Logistics, is set to retire on July 1, 2025, marking the end of an era after 24 years of dedicated service that has seen the transformation of the logistics division into a leading provider of integrated logistics solutions.

The commendable journey of Rusty Rolfe began when he joined Matson Logistics back in December 2001. Under his stewardship, the division evolved from a modest intermodal marketing company to an award-winning logistics powerhouse recognized for its diverse services spanning rail intermodal, freight forwarding, and supply chain management. Rolfe's influence has been instrumental in establishing operational benchmarks that reflect Matson's commitment to quality and customer satisfaction.

Matt Cox, Chairman and CEO of Matson, aptly described Rolfe’s tenure as leaving an “indelible mark” on the company. He expressed gratitude for Rolfe's leadership, emphasizing that his unwavering commitment to the company’s values has not only driven Matson Logistics' growth but has also set a high standard across the organization. “Rusty exemplifies the dedication and effectiveness we value in our leaders,” Cox stated.

In light of Rolfe’s forthcoming retirement, the company has announced Jerome Holland as the successor. Holland, who currently holds the position of Vice President of Strategic Planning and Business Development at Matson Logistics, will take over the reins and continue the legacy of excellence. Having joined the company in May 2013, Holland has accumulated extensive experience in various executive roles, including responsibilities for mergers and acquisitions, and investor relations, paving a promising path forward.

Cox highlighted the importance of succession planning within Matson, describing it as a “cornerstone of the company’s culture.” He expressed confidence in Holland's capabilities, emphasizing that Holland possesses the requisite talent and preparation to lead the logistics unit seamlessly. In the coming months, Holland is expected to work closely with Rolfe to ensure a smooth transition that minimizes any disruptions for customers and business partners.

Jerome Holland’s background includes a strong foundation in finance and operations, having spent over a decade in investment banking and corporate finance prior to joining Matson. He holds a bachelor’s degree in economics from Queen's University and valuable certifications, including Chartered Accountant (CA, CPA) and Chartered Financial Analyst (CFA).

As Matson looks ahead, the company continues to play a crucial role in providing logistical services primarily to the domestic non-contiguous markets of Hawaii, Alaska, and Guam, along with service offerings to other strategic regions in Micronesia, and key international routes from China to the West Coast of the United States. Matson's diverse fleet and robust capabilities position the company for ongoing growth and resilience in the global supply chain landscape.

The passing of the torch from Rolfe to Holland today exemplifies Matson’s commitment to not only maintaining its esteemed legacy but also embracing innovative leadership to drive future success. As the logistics sector constantly evolves, Matson's focus on developing its leadership pipeline ensures its reputation as a trailblazer in transportation and logistics remains unchallenged.

With a bright future ahead, the company prepares to navigate new challenges as it continues to expand its market reach and strengthen its service offerings. The developments in Matson's leadership serve as a reminder of the importance of strategic guidance and forward-thinking in the competitive logistics industry. As Rusty Rolfe steps into retirement, the groundwork laid by him alongside his successor promises continued excellence at Matson Logistics.