It was 2007 and Captain Sid Hynes was staring down the barrel at early retirement when, as they so often do, the seas changed. A mariner since the age of 15, Hynes had spent the last two decades at the forefront of Canada’s marine industry, including roles as president of Canship Ltd., and chairman of Marine Atlantic Inc. Then intermodal shipping firm Oceanex headhunted him for a job as CEO. Leading a public company wasn’t for him, but the opportunity beckoned. In short order, Hynes secured financial backers, broke the news to his wife, took Oceanex private for a cool $230 million and assumed the position of executive chairman. A change, they say, is as good as a rest.
Leader's Insight: Captain Sid Hynes, CEO, Oceanex
Wednesday, March 9, 2011