Yilport Holdings’ CEO resigns

Mr Pierce joined Yilport in 2011 in support of Yildirim Holding’s chief executive and president, Robert Yildirim’s vision to develop a global port operating company that would be top ten international terminal operator by 2025. He leaves to join Mercator International, a Washington-based marketing consultancy specialising in logistics and infrastructure.

Commenting on his resignation, Mr Pierce said: “It was an incredible and fulfilling experience working in Istanbul for Yilport Holding, but it is time to start a new chapter within a dynamic and fast changing port industry. The development of Yilport’s strong management teams, centralised global shared services and proven growth model will continue to propel the organisation towards achieving its goals.”

According to Mr Yildirim, who is also chairman of Yilport Holding: “There will be a transitionary period with a successor to be announced by Yilport in the very near future. Yilport will pursue its game changer position under its new executive team.”