Algoma Central Corporation announced that Ken Bloch Soerensen has resigned as President and Chief Executive Officer to spend more time with his family in Europe. Gregg A. Ruhl, the current Chief Operating Officer, has been named President and Chief Executive Officer and will assume that role immediately. In addition to Mr. Ruhl, the other members of Algoma's executive management team are Peter D. Winkley, Chief Financial Officer and J. Wesley Newton, Senior Vice-President, Corporate Development and General Counsel.

Together with Mr. Ruhl, the Algoma executive management team has worked closely with Mr. Soerensen to lead the Company during this period of global expansion. Mr. Ruhl joined Algoma in November of 2015 as Senior Vice-President, Technical and became Chief Operating Officer in 2017. Mr. Ruhl has over 30 years experience in the transportation industry, including 20 years in marine transportation.

Prior to joining Algoma, Mr. Ruhl was Managing Director of CN's marine divisions. Currently, Mr. Ruhl has commercial responsibility for Algoma's domestic businesses, as well as oversight of its operations both domestically and globally.