Glenn Hong celebrates 25 years at Young Brothers with retirement and transition to parent company, leading Saltchuk’s Hawaii business initiatives
October 12, 2017
Honolulu – Young Brothers, Ltd has announced Glenn Hong will retire at the end of the year as company president to undertake a new leadership role with parent company Saltchuk, focusing on Hawaii business initiatives effective January 1, 2018.
“I’ve deeply valued the opportunity to serve Hawaii by maintaining and even enhancing Young Brothers’ 117+-year legacy as the leading shipping company connecting our island state,” said Hong. “I look forward to pursuing a new role with Saltchuk and helping to support its family of companies in the islands.”
Hong began at Young Brothers in 1991 as vice president of Finance and Government Affairs, coming from Hawaiian Electric Industries. In 1992, he assumed the presidency and immediately set to work to infuse the organization with a customer-driven mindset.
Hong joined the Saltchuk organization in 1999, when the company acquired Young Brothers and Hawaiian Tug & Barge from Hawaiian Electric Industries. From the beginning, Saltchuk sought to create a family of companies that were part of the fabric of the community. In the next decade, Hawaii Petroleum, Minit Stop and Ohana Fuels, as well as Aloha Air Cargo were added to the family.
Under Hong’s leadership, Young Brothers has undergone a fleet modernization initiative to meet neighbor island cargo needs into the next generation. By the end of 2018, Young Brothers will have made capital investment of over $180 million in new vessels and shore-side equipment. These investments include four new large 11,700-ton capacity barges as well as a 5,600-ton multi-deck roll-on/roll-off barge for vehicle transportation that is currently in service. In addition, in 2016, Young Brothers commenced construction of four new 6,000 HP American-built tugs that are slated to begin service in the middle of 2018. These investments will enhance operational efficiency for the company and improve reliability for Hawaii customers.
Having positioned Young Brothers for the future, Hong will shift his focus to represent Saltchuk’s Hawaii operations.
“Glenn is not only well-regarded within our organization, he is a valued and respected member of the Hawaii business community. We are grateful for his contributions at Young Brothers and are looking forward to his new role at Saltchuk,” said Saltchuk President Tim Engle.
Young Brothers has not yet named a successor for Hong. Saltchuk’s marine services business, Foss Maritime, is expected to make an announcement in the coming months.
Foss Maritime President, John Parrott, recognized Hong’s service and accomplishments, “We take this moment to honor Glenn – for his dedication, his deep employee, community and industry relationships, and for his keen commitment to cargo services within the most water-borne dependent state in the nation. He has been steadfast in his work with the tenets of balance and justice for customers, employees and investors.”
In his new role Hong will remain based in Honolulu and will continue his decades-long commitment to serving the people of Hawaii.
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