American Commercial Barge Line announced the appointment of Peter Coxon as chief executive officer Nov. 19. Coxon joined the ACBL board of directors earlier this year, bringing his decades of experience from a career in marine logistics, vessel construction, energy marketing, renewable fuels, refining and marketing.
Coxon’s “hands-on leadership style and industry expertise align perfectly with ACBL’s commitment to providing efficient, reliable, and innovative marine transportation solutions,” the company said in announcing the move.
“We believe there is an incredible opportunity ahead for ACBL, and we’re excited to have Peter on board to help the company take full advantage,” said Al Stanley, chairman of the ACBL board of directors. “The board is confident that Peter will provide the leadership needed as we take the important next step in our journey forward.”
Coxon succeeds Mike Ellis, CEO of the company since August 2020.
“Our heartfelt gratitude goes to Mike Ellis for his leadership over the past four years,” said Stanley. “Mike guided ACBL through a pivotal chapter of transformation, building a strong foundation for the future. We wish him all the best in his future endeavors.”
Coxson has 40 years of maritime industry experience as both an operator and customer. Most recently he served as CEO of Rand Logistics, a provider of bulk freight shipping and ship repair services throughout the Great Lakes region. At Rand, Coxson led a successful turnaround, driving improved performance and synergies following Rand’s acquisition of American Steamship Company.
Peter’s career includes senior leadership roles at organizations such as SEACOR Holdings Inc., the Atlantic Richfield Company (ARCO), and Par Petroleum (now Par Pacific).
Before his private sector career, Coxson served 13 years as a commissioned officer in the U.S. Coast Guard and Coast Guard Reserve. He holds two master’s degrees from the Massachusetts Institute of Technology, and a master’s degree in business administration and finance from the University of Southern California. He is a graduate of the Coast Guard Academy.
