SSW - Seaspan Transforms To Atlas
Seaspan Corp. (SSW), under David Sokol as Chairman and Bing Chen as CEO, is transforming itself to be an infrastructure asset manager to be called Atlas Corp. It will form a parent-child company structure. The containership business (Seaspan) will be a "child" company. APR Energy (below) will be the second child. In future, presumably, other children/verticals will join the Atlas family.
David Sokol
The driving force behind Seaspan's reorganization is Chairman David Sokol, once viewed as a potential successor to Warren Buffett, chief executive of Berkshire Hathaway Inc., before he was ousted from