Thomas E. Moran, president and chief executive officer of the Moran Towing Corporation, has been elected chairman of the board of the family-owned firm. A fourth generation towing company executive in his family, Mr. Moran succeeds his father, Rear Adm. Edmond J. Moran as head of one of the largest towing and transportation companies in the United States. Admiral Moran, who has been chairman of the board since 1961 and president of the company since 1939, continues as a director of Moran Towing Corporation.
Mr. Moran began a maritime career in cargo ships and tankers of the American merchant marine in the 1940s, serving in Atlantic and Pacific war zones. After the war in 1946, he joined the operations staff of Marine Transport Lines in New York, a pioneering firm in the construction and operation of specialized vessels for the transport of liquid and dry bulk cargoes.
In 1952, Marine Transport Lines appointed Mr. Moran operations manager, and elected him vice president in 1959. He resigned from Marine Transport Lines in 1964 to accept the presidency of the Moran Towing Corporation. He had served as a director of the corporation since 1954.