NEWS 20 during the AWO Spring Convention in Washington. Wilken is President of American River Transportation Co. (ARTCO), headquartered in Decatur, Ill., and served as vice chairman for the past year. Lane is President and Chief Executive Officer of Canal Barge Company, Inc., headquartered in New Orleans, La. Wilken, in his remarks to the AWO Board of Directors following his election as chairman, explained his priorities for the coming year. His first priority will be to implement, as expeditiously as possible, the association's Transformation and Transition plan, created after staff turnover in late 2006 resulted in an opportunity to reinvent AWO as a more efficient and effective organization. Wilken has spent 30 years with ARTCO's parent company, Archer Daniels Midland (ADM), in both professional and senior management capacities in many various industries, and became President of ARTCO in 1999. He earned his Bachelor of Science degree in Agriculture Business from the University of Illinois at Urbana-Champaign revolver has a five year term, a variable interest rate based on LIBOR and varies with ACL's level of debt to EBITDA. The variable interest rate spread at closing was 62.5 basis points over LIBOR. The new credit facility replaces the existing $250m asset based facility that was entered into on February 11, 2005 and would have expired in February 2010. Under the new loan agreement, the company has an option to increase the size of the credit facility up to an additional $200 million to a total facility size of $600m. Glosten Name New Director of Engineering The Glosten Associates, a Seattle-based marine engineering and naval architecture firm, has named John Edgar to serve as the firm's director of engineering. In this role, he is responsible for establishing and maintaining the firm's engineering processes. Edgar, a senior naval architect and firm principal, is a 1987 graduate of Webb Institute of Naval Architecture. He has 20 years of broad vessel design and project management experience, and recently served as Glosten's Program Manager for Boeing's Sea-Based X-Band Radar (SBX) Platform project. Edgar specializes in the conceptual design of high-performance vessels. Tom Bringloe served in this capacity for over 25 years. Bringloe specializes in structural design and analysis and has been instrumental in developing the firm's support to complex offshore operations. Bringloe will continue as a consultant to special projects and mentor to the firm's younger engineers. Established leaders in naval architec- ture, marine and ocean engineering, Glosten engineers specialize in the design of research vessels, tugs and barges, passenger/car ferries, workboats and specialpurpose platforms. Gontarski Maritime Person of the Year Port Manatee's Joe Gontarski was elected the International Propeller Club of the United States Southeast Region Maritime Person of the Year April 20 at ceremonies in Charleston, S.C. The award is the Southeast Region's highest honor and was won on the fourth ballot from among 14 eligible ports. Gontarski's nomination was brought forth by virtue of receiving a similar award in March from the Port Manatee Propeller Club. He is now qualified for consideration in October for the International Maritime Person of the Year at ceremonies planned for Athens, Greece. Considered by many to be the dean of Tampa Bay's maritime community, Gontarski has been Port Manatee's senior director and special assistant to Executive Director David McDonald PPM for the past 20 years. He served as port director for the Port of Tampa in the 1970s and launched his own successful maritime consulting firm in 1981 Manitowoc Makes Management Move The Manitowoc Company, Inc. announced that the company's board of directors has elected Glen E. Tellock, as president and CEO, effective immediately. Tellock succeeds Terry D. Growcock, 61, who will remain chairman of the board of directors through 2008. Tellock was also appointed to serve on the board for a term that expires in 2008. Prior to being named CEO, Tellock had been senior vice president of The Manitowoc Company and president of Manitowoc Crane Group since 2002. Growcock had been the company's president and chief executive officer since 1998 and has served as chairman of the board since October 2002. He has also been a director since 1998. ACL Enters $400m Revolving Credit American Commercial Lines Inc. (ACL) has entered into a new $400m bank revolving credit facility led by Wells Fargo Bank as administrative agent. The Donnelly Named President, Wärtsilä North America Frank W. Donnelly has been appointed President, Wärtsilä North America, Inc. He is also continuing as Vice President, Power Plants in Wärtsilä North America. Donnelly joined Wärtsilä in 1988 in connection wíth the acquisition of SACM. During the 90s, he was active in Wärtsilä's Power Development and sales of power plants in Central America and Caribbean. He participated in the earliest independent power plant developments in the Caribbean Basin and led Wärtsilä's installation of more than 2500 MW in the region. After Wärtsilä introduced its gas technology in the late 80s, Donnelly has 14 · MarineNews · April, 2007
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