Edward D. Whitmore, President & CEO
In 2002, Ed Whitmore acquired Norfolk Tug Company. Over the past decade various tug and barge operations were acquired by NTC. In 2011, he formed U.S. Waterways Transportation LLC, a management company that acquired Buchanan Marine LP and now generally manages Norfolk Tug Company and 64 Express.
Ed is a native of the Sandbridge Beach area of Virginia Beach. He earned his Bachelor’s degree from Elon University in 1982. After graduating, Ed’s first significant work experience was as a salesman for a Norfolk-based packaging supply company in Norfolk, VA. In 1989 he accepted work as a salesman for Maersk Inc. in New York City, and later headed up sales and operations for Maersk’s Charlotte, NC, region. In 1994, Ed changed industries when as he accepted a marketing job in foreign exchange currencies to large corporations with First Union in Charlotte, NC. Later, he returned to New York to work for Standard Chartered Bank – first in marketing and later as a Senior Vice President responsible for United States marketing. In 2001, Ed elevated his foreign currencies work to include structured finance and accepted a job as Managing Director at AIG Trading in New York City and later as Senior Vice President for AIG Structured Finance.
In 2003, as his children approached school age, Ed returned to the Hampton Roads area, where he now lives with his wife and three children.
He is a board member at Nauticus Foundation in Norfolk where is services as Finance Committee Chair, The Mariners Museum in Newport News – also as Finance Committee Chair, and the Monarch Norfolk City Board of Directors. He has previously served on boards of the Virginia Stage Company and The Williams School.
W. Lloyd Taliaferro, CFA, Chief Financial Officer
Lloyd Taliaferro joined U.S. Waterways Transportation in 2012 as a principal and shareholder of Norfolk Tug Company. He is the Chief Financial Officer.
Lloyd earned a Bachelor’s degree in Mechanical Engineering from the Virginia Military Institute. He received a commission in the U.S. Navy serving aboard warships. After his service in the Navy, he received a Masters in Business Administration from Emory University.
Following graduate school, he began his banking career in Investment Banking at Wachovia Securities. In 2006, he relocated to Norfolk, Virginia where he worked for U.S. Trust Company advising clients on investment and tax strategies.
In 2009, Lloyd was named as one of Inside Business Magazine’s Top 40 Under 40 in Hampton Roads and is a graduate of the Civic Leadership Institute of Hampton Roads. During his time at U.S. Trust, he was named among the top Private Bankers in the U.S. by Barron’s magazine with almost $3 billion in assets under management.
Lloyd currently serves on the Board of Directors for For Kids, a local non-profit supporting homeless families, and serves in several leadership positions at First Presbyterian Church, Norfolk.
Stephen Leaman is a principal of U.S. Waterways Transportation LLC and shareholder in Norfolk Tug Company. Stephen and Ed have worked together in various capacities since 2002. In 2008 Stephen became more active in the growing marine operations. His focus for our array of companies is leadership – day to day he heads up the recruitment and training of senior managers.
Stephen is an honors graduate in Naval Engineering from the United States Naval Academy. He then served in the U.S. Navy for 10 years, including time in the Vietnam conflict. He later received executive development certificates from Harvard, Kellogg and Michigan business schools.
Stephen has 30 years of experience in the consulting and financial services industry. He served as CEO of American Business Insurance (ABI), a large US national insurance broker headquartered in San Francisco before serving as CEO, Zurich Personal Lines USA for Zurich Financial Services. In 1998 he assumed the role of Executive Vice President of Farmers Insurances in Los Angles where he was responsible for $14 billion of premiums and 12,000 people. In 2007, he returned to Norfolk after three years in the UK where he was the Chief Executive Officer of Openwork Limited, a $600 million Financial Services Advice Partnership of over 2600 licensed advisers working throughout the UK.
In addition to his work with USWT, Stephen is also the President and Chief Executive of an independent consulting company in Norfolk, VA. The firm specializes in business start-ups, turarounds and acquisitions/sales with emphasis on Executive Leadership performance and decision making.
Stephen builds Habitat homes as a hands-on volunteer and serves on the South Hampton Roads Habitat for Humanity Board as Secretary and Finance Committee chair. He is a Commissioner on the Norfolk Environmental Commission and is active in the local civic league. He is also the Chair of the United States Naval Academy Alumni Mentoring Program, a pilot mentoring program created by the USNA Class of ’69, available to all 50,000 Naval Academy Alumni and supported by innovative, online software.
Stephen lives in Norfolk with his wife of 38 years.