Ports America makes C-level moves
Ports America, the U.S. marine terminal and stevedoring company owned by AIG Highstar Capital, has named Nasir Khan as chief development officer.
Kahn, who served as director of infrastructure and energy finance at Citigroup, will be responsible for the company’s future investments and expansion strategy, the company said.
Ports America operates container, roll-on/roll-off, bulk and break-bulk terminals throughout the United States, Mexico and Chile.
Last week, the terminal operator eased Douglas Tilden out of any decision-making role by eliminating his position as chairman of the company and naming him a strategic advisor.
As chief executive of Marine Terminal Corp. Tilden helped engineer the company’s sale to the Highstar Capital investment fund in May 2007. MTC was combined with P&O Ports America and auto processor Amports to create Ports America.
Tilden was subsequently placed in charge of the entire Ports America operation until June of this year, when he was replaced by former P&O Ports chief Stephen Edwards and bumped up to chairman. ' Eric Kulisch