Tradepoint Atlantic CEO announces retirement

Tradepoint Atlantic CEO announces retirement

The CEO of Tradepoint Atlantic, which is redeveloping the former Sparrows Point steel mill in Baltimore County, is stepping down for family reasons.

Michael Moore came out of retirement to join Tradepoint in 2015, bringing with him experience at port operators. He said he is proud of the team's growth and added commercial business during his tenure, as the 3,100-acre site was selected as a base for FedEx and Under Armour, among other new tenants.

"While personal and family matters demand my attention, I am confident that Tradepoint Atlantic is well positioned for a bright and prosperous future," Moore said in a statement.

Tradepoint, a joint venture of local firm Redwood Capital Investments and the Chicago-based liquidation and redevelopment firm Hilco, is working to redevelop Sparrows Point into an industrial campus with port, rail, logistics and light manufacturing uses.

Board Chairman Michael Mullen will step in as interim CEO. Mullen is the founding partner and retired CEO of CenterPoint Properties Trust and has served as chairman of the National Assoication for Industrial and Office Parks. He has been involved with Tradepoint since 2015.

"I look forward to assisting with this transition and to building on the strong foundation and the superb team put into place by Michael Moore," said Mullen.

This story may be updated.

nsherman@baltsun.com

Copyright © 2017, The Baltimore Sun, a Baltimore Sun Media Group publication | Place an Ad
32°