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Former MARAD administrator signs on with HMS Global Maritime

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Capt. Paul 'Chip' Jaenichen
Capt. Paul 'Chip' Jaenichen, former administrator of the US Maritime Administration, joined HMS Global Maritime as chief operating officer. HMS owns and operates the American Queen Steamboat Co. and 85 other US-flag vessels.

Jaenichen will be responsible for safety and security, mechanical operations and ensuring the company continues to produce industry-leading financial results while introducing innovations that improve satisfaction and team member involvement.

'Chip has been an extraordinary asset to MARAD as maritime administrator,' said John Waggoner, president and ceo, HMS Global Maritime. 'His expertise in the industry will be a great addition to the HMS Global Maritime team, especially in light of our aggressive growth.'

Jaenichen was appointed by President Obama to serve as maritime administrator since July 2014. Previously he was deputy and acting maritime administrator from 2012 to 2014.

Jaenichen was a career naval officer who retired after 30 years as a nuclear-trained submarine officer in the US Navy. His final assignment was as deputy chief of legislative affairs for the Department of the Navy from 2010 to 2012.