Roadrunner Transportation Systems Announces COO Transition
December 11 2019 - 4:15PM
Business Wire
Roadrunner Transportation Systems, Inc. (“Roadrunner” or the
“company”) (NYSE: RRTS), a leading asset-right transportation and
asset-light logistics service provider, today announced that
Michael L. Gettle, President and Chief Operating Officer, is
leaving the company. He will continue to assist the company
throughout the transition of his responsibilities over the next few
months.
“On behalf of the Board of Directors and management team, we
thank Mike for his many contributions to the company. Mike joined
Roadrunner in 2016 and immediately had a positive impact on
integrating our operations, establishing improved metrics and
accountability and successfully guiding the company during some
challenging times. Without Mike’s commitment and leadership, we
would not have successfully completed our recapitalization and
restructuring activities. He was also instrumental in setting the
course for our strategy to simplify our portfolio by focusing on
our value-added logistics and asset-light LTL segments. We wish
Mike all the best in his future endeavors,” said Curt Stoelting,
Chief Executive Officer of Roadrunner.
About Roadrunner Transportation Systems, Inc.
Roadrunner Transportation Systems is a leading asset-right
transportation and asset-light logistics provider offering a full
suite of services and solutions under the Roadrunner®, Active
On-Demand® and Ascent Global Logistics® brands. The Roadrunner
brand offers less-than-truckload and over-the-road truckload
services. Active On-Demand offers premium mission critical air and
ground logistics solutions. Ascent Global Logistics offers domestic
freight management, retail consolidation, international freight
forwarding and customs brokerage. For more information, please
visit Roadrunner’s websites, www.rrts.com and www.ascentgl.com.
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, which relate to future events. Forward-looking statements
include, among others, statements regarding Mr. Gettle’s transition
of his responsibilities. These statements are often, but not
always, made through the use of words or phrases such as "may,"
"will," "anticipate," "estimate," "plan," "project," "continuing,"
"ongoing," "expect," "believe," "intend," "predict," "potential,"
"opportunity," and similar words or phrases or the negatives of
these words or phrases. These forward-looking statements are based
on Roadrunner's current assumptions, expectations, and beliefs and
are subject to substantial risks, estimates, assumptions,
uncertainties and changes in circumstances that may cause
Roadrunner's actual results, performance, initiatives, or
achievements, to differ materially from those expressed or implied
in any forward-looking statement. Because the risks, estimates,
assumptions and uncertainties referred to above could cause actual
results or outcomes to differ materially from those expressed in
any forward-looking statements, you should not place undue reliance
on any forward-looking statements. Any forward-looking statement
speaks only as of the date hereof, and, except as required by law,
Roadrunner assumes no obligation and does not intend to update any
forward-looking statement to reflect events or circumstances after
the date hereof except as required by law. For a full discussion of
risks and uncertainties, see the section entitled "Risk Factors" in
Roadrunner's Annual Report on Form 10-K for the year ended December
31, 2018.
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version on businesswire.com: https://www.businesswire.com/news/home/20191211005812/en/
Reputation Partners Marilyn Vollrath 414-376-8834
ir@rrts.com
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