▁in ▁ 1 9 8 9 ▁and ▁an ▁M . B . A . ▁from ▁the ▁Harvard ▁Business ▁School . ▁ ▁Career ▁He ▁joined ▁Trans o cean ▁in ▁ 1 9 9 4 ▁in ▁the ▁ ▁Corpor ate ▁Pl anning ▁Department . ▁He ▁became ▁Chief ▁Oper ating ▁Officer ▁on ▁October ▁ 1 6 , ▁ 2 0 0 6 . ▁He ▁was ▁Executive ▁Vice ▁President ▁of ▁Performance ▁for ▁ 2 0 0 7 - 2 0 0 8 . ▁He ▁became ▁President ▁in ▁May ▁ 2 0 0 8 ▁and ▁Chief ▁Executive ▁Officer ▁on ▁March ▁ 1 , ▁ 2 0 1 0 . ▁ ▁On ▁ 1 5 ▁February , ▁ 2 0 1 5 , ▁Trans o cean ▁announced ▁that ▁he ▁and ▁the ▁board ▁of ▁direct ors ▁mut ually ▁agreed ▁that ▁he ▁would ▁step ▁down ▁effective ▁the ▁following ▁day . ▁ ▁On ▁ 2 5 ▁June , ▁ 2 0 1 5 , ▁The ▁Wall ▁Street ▁Journal ▁published ▁an ▁article ▁that ▁pointed ▁out ▁New man ▁was ▁the ▁worst - perform ing ▁executive ▁in ▁the ▁ 3 0 0 ▁companies ▁it ▁exam ined . ▁His ▁ 2 0 1 4 ▁compens ation ▁went ▁up ▁ 2 % ▁to ▁ 1 4 . 2 ▁million ▁dollars ▁at ▁a ▁time ▁his ▁firm ' s ▁market ▁value ▁decl ined ▁ 6 0 %. ▁ ▁References ▁ ▁Category : 1 9 6 7 ▁birth s ▁Category : Trans o cean ▁Category : Color ado ▁School ▁of ▁M ines ▁al umn i ▁Category : Har vard ▁Business