Montreal Gateway Terminals Reports Executive Appointments

Montreal Gateway Terminals Partnership (MGT), a cargo container facility at the Port of Montreal, announced the retirement of Kevin M. Doherty as President and CEO.

According to a release, Doherty will take a seat on MGT's board and will be replaced by COO and CFO Michael Fratianni. Guy Desrosiers, currently Treasurer, will become CFO. MGT is owned by MGT Holdings S.a.r.l., a subsidiary of Morgan Stanley Infrastructure Partners.

Doherty's 51-year career at the Port of Montreal has included many roles, leading to his heading up MGT operations in 1997 and becoming CEO in 2007. He oversaw modernization of the facility, strategic business initiatives, and successful navigation of a downturn in volumes during the Global Financial Crisis. Doherty's board seat will allow him to continue to contribute his knowledge and experience to the management of MGT. He is also chairman of the Maritime Employers Association.

Fratianni has served in crucial financial and senior business roles at MGT since 1986. In addition to his responsibilities as CFO, Fratianni's background in marine terminal management includes business development, the maintenance of commercial relationships, and contract negotiations.

"We are grateful to Kevin for the key role he has played in the success of MGT," said John Watt, Chairman of the MGT Board of Directors and a Managing Director with Morgan Stanley Infrastructure. "We likewise have great confidence in the talent and ability of Michael, Guy, and the entire management team. During the seven years of Morgan Stanley Infrastructure's involvement with MGT, we have seen how nimble, creative, and adaptable they were during difficult economic times, and we are confident the company is well positioned to handle any future challenges and opportunities that may arise."

In addition to Guy Desrosiers's assumption of the role of CFO, several MGT veterans will assume senior management positions. Meguerditch "Migo" Kanondjian will become vice president of operations, Daniel Boyer will become vice president of maintenance and engineering, and Frederic Provost will become vice president of risk management.

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