SeaCube Container Leasing Limited announced the appointment of Robert F. Sappio to the position of Chief Executive Officer, effective immediately. Sappio will be based in SeaCube's headquarters in Woodcliff Lake, N.J.
Sappio brings international experience in the shipping and intermodal transportation industry to his new role. He joined SeaCube as Chief Operating Officer in 2014 and has since led the company's efforts in sales and marketing, customer service, procurement, strategic planning and investment strategy. Prior to SeaCube, Sappio held positions as President of the Americas Region for Rickmers-Linie and Managing Director for Alvarez & Marsal. Prior to Alvarez & Marsal, Sappio spent nearly 30 years at APL, Ltd. serving most recently as Senior Vice President where he was responsible for all of APL's commercial activities in the Trans Pacific, Trans Atlantic and Latin American regions.
SeaCube also announced the appointment of Hugh MacDiarmid to Chair of the Board. MacDiarmid has been a director of the company since 2013 and has served as interim CEO for the past four months. MacDiarmid has a diverse range of executive and professional experiences that includes serving as Chair of Terrestrial Energy Inc., President & CEO of Atomic Energy of Canada Limited, President & CEO of Laidlaw Transit Inc., and Executive Vice-President, Commercial of Canadian Pacific Railway.