Heartland Express, Inc. Announces the Retirement of Executive Vice President of Finance, Treasurer and Chief Financial Office...
November 01 2017 - 11:30AM
Heartland Express, Inc. (NASDAQ:HTLD) today announced that John P.
Cosaert has retired as Executive Vice President of Finance,
Treasurer and Chief Financial Officer of the Company. The
retirement from the positions of Executive Vice President of
Finance, Treasurer and Chief Financial Officer are effective
immediately, although Mr. Cosaert will remain an employee of the
Company as a mentor and coach throughout the organization.
Mr. Cosaert is one of the original employees of
Heartland Express upon its formation in 1978. He started as
an accountant in 1978 and has served as the Company’s Executive
Vice President of Finance, Treasurer, and Chief Financial Officer
since 1996. From 1986 to 1996 he served as Vice President of
Finance and Treasurer. For the past forty years, Mr. Cosaert
has guided and managed the Company’s finances and back office
responsibilities from the Company’s humble beginnings of sixteen
trucks in 1978 to becoming one of the largest and most profitable
truckload carriers in America. Mr. Cosaert has also helped
execute and integrate the Company’s seven acquisitions contributing
to the Company’s growth since 1978.
“John has provided strategic focus to all
aspects of our business from its beginnings. He has played an
integral role in the Company’s growth, profitability, and
exceptional returns for our stockholders since we went public in
1986. The core financial goals of the Company have not
changed over the years and John’s passion for the Company and for
trucking has played a pivotal role in keeping the Company focused
on these goals over the years,” stated Michael Gerdin, the
Company’s Chairman and Chief Executive Officer.
The Company’s Board of Directors has announced
that Christopher A. Strain will become the Company’s Vice President
of Finance, Treasurer and Chief Financial Officer. Mr. Strain
has served in the Company’s accounting and finance department since
2007. Mr. Strain has served as the Company’s Vice President,
Controller and Secretary since May 2015. Prior to joining the
Company, Mr. Strain was employed by Deloitte & Touche, LLP from
1997 to 2007 as a certified public accountant. Mr. Strain is
currently an inactive holder of the certified public accountant
certification.
The press release may contain forward-looking
statements, which are based on information currently
available. These statements and assumptions involve certain
risks and uncertainties. Actual events may differ from these
expectations as specified from time to time in filings with the
Securities and Exchange Commission. The Company assumes no
obligation to update any forward-looking statement to the extent it
becomes aware that it will not be achieved for any reason.
For further information, contactMichael J.
Gerdin, President and CEOChristopher A. Strain, VP, CFO, and
TreasurerHeartland Express, Inc.319-626-3600
Heartland Express (NASDAQ:HTLD)
Historical Stock Chart
From Apr 2024 to May 2024
Heartland Express (NASDAQ:HTLD)
Historical Stock Chart
From May 2023 to May 2024