INDIANAPOLIS, Aug. 3, 2015 /PRNewswire/ -- Celadon Group,
Inc. (NYSE: CGI) today announced changes to the roles of members of
its executive team. The changes are effective immediately.
Paul Will has been appointed
Chairman of the Board and Chief Executive Officer. Mr. Will
previously served as Chief Executive Officer, President, and Vice
Chairman of the Board of Directors.
Eric Meek has been appointed
President and Chief Operating Officer. Mr. Meek previously
served as Executive Vice President and Chief Operating Officer.
Stephen Russell continues to
serve as a member of the Company's Board of Directors.
Stephen Russell commented:
"These actions mark the culmination of a successful succession
planning effort over the past several years. In Paul's role
as President and Chief Executive Officer and Eric's role as
Executive Vice President and Chief Operating Officer, they both
consistently demonstrated the business acumen, leadership skills,
and commitment to Celadon's people that indicated their readiness
for their respective positions. Their key roles in developing
the leadership team, integrating acquisitions, and driving
efficiency throughout the organization have contributed to record
financial results and improved returns on capital. Moreover,
we expect their extensive background and expertise in finance,
information technology, and supply chain trends to provide critical
perspective in the dynamic and highly competitive market for
transportation services for many years to come."
Celadon Group, Inc. (www.celadongroup.com), through its
subsidiaries, provides long-haul, regional, local, dedicated,
intermodal, temperature-controlled, flatbed and expedited freight
service across the United States,
Canada and Mexico. The company also owns Celadon
Logistics Services, which provides freight brokerage services,
freight management, as well as supply chain management solutions,
including warehousing and distribution.
For more information:
Joe Weigel
Director of Marketing &
Communications
(800) CELADON Ext.
7006
(317) 972-7006 Direct
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SOURCE Celadon Group, Inc.