Centerline Logistics prevails in Franco lawsuit

Seattle, Wash., based Centerline Logistics reports that, following a month-long jury trial in Washington State Superior Court (King County), the company and its co-defendants, including CEO Matthew Godden and co-owner, Macquarie Capital, prevailed on every count in a lawsuit brought against them by former CEO Harley Franco.

Franco filed that suit after being terminated for cause by the board of directors of the company, then known as Harley Marine Services.

“We are happy to have this baseless...

https://www.marinelog.com/inland-coastal/coastal/centerline-logistics-prevails-in-franco-lawsuit/

Harley Marine Services ousts founder, CEO

The 120’×35’×19’3″, 5,350-hp Tier 4 tug Earl W Redd. Harley Marine photo.
Harley Marine Services announced yesterday that founder and Chief Executive Officer Harley Franco has been relieved of his duties as the Seattle company’s CEO.

The marine transportation services company said in a press release that Matt Godden would remain as president Harley Marine, and Jon Foster was named the “successor Chairman of the Board of Directors.”

“Since the beginning of 2019, Harley Marine has made significant progress in ensuring its long-term stability as one of the nation’s...

https://www.workboat.com/news/coastal-inland-waterways/harley-marine-services-ousts-founder-ceo/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon