According to a filing with securitiesregulators the 49-year-old president of the Jones Act tug and barge giant’smarine transportation unit is resigning on 15 February.
The New York-listed operator said Binionis leaving to “pursue other interests” and will walk away with a severancepackage worth approximately $2.6m.
Untilrecently Binion served as the company’s chief operating officer (COO), a titlethat will be formally transferred to former finance chief David Grzebinski inthe coming weeks.
As
