Gulftainer Names New CEO

Gulftainer Names New CEO

New leader aims at "chapter of growth"

Gulftainer has announced the appointment of Charles Menkhorst as its new CEO, with former CEO Peter Richards to continue to serve on Gulftainer’s Board of Directors and lead the expansion of the company’s footprint in the United States as CEO of GT USA.

In his new role as CEO, Charles is tasked with oversight of the strategic growth of the company, which currently operates and manages ports and logistics businesses in its home base in the UAE, and internationally across Iraq, Lebanon, Saudi Arabia and the USA.

Commenting on the appointment, Badr Jafar, Chairman of Gulftainer, stated: “Charles Menkhorst brings a wealth of supply chain experience with him, which will prove invaluable in driving Gulftainer into its next chapter of growth.

"Charles will also lead Gulftainer’s digital transformation strategy and the development of sustainable infrastructure across our operations globally.

Charles Menkhorst, thenew CEO of Gulftainer
Charles Menkhorst, thenew CEO of Gulftainer

On the transition of leadership, Mr Jafar praised outgoing CEO Peter Richards: “In his 35-year career with the company, Peter Richards has spearheaded Gulftainer’s transition from a home-grown UAE company into an international player in the global port operations business.

"We will continue to rely on his dynamism to further accelerate Gulftainer’s growth within the US market, and we wish him many more productive years with the Gulftainer family.”

On assuming his role as Gulftainer’s new CEO, Charles Menkhorst commented: “Gulftainer is entering an exciting phase of development. We have a team of empowered professionals who are ready to write the next chapter of Gulftainer’s globalization, thereby focusing on existing and new geographies and developing new services to deliver world-class maritime supply chain solutions to our clients.”

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