Roadrunner Transportation Systems Announces Changes to Its Board of Directors
April 19 2018 - 4:30PM
Business Wire
Roadrunner Transportation Systems, Inc. (“Roadrunner” or the
“company”) (NYSE: RRTS), a leading asset-right transportation and
asset-light logistics service provider, announced today that Mark
A. DiBlasi, Scott D. Rued and Judith A. Vijums have resigned from
the company’s board of directors. The company also announced the
appointment of Michael L. Gettle, Roadrunner’s President and Chief
Operating Officer, to the board.
Mr. Gettle joined Roadrunner in May 2016 as Executive Vice
President and was promoted to his current position in April 2017.
Prior to joining Roadrunner, Mr. Gettle served as Americas Chief
Executive Officer of TNS, a division of British multinational WPP
plc, from 2013 to 2016, and as Global Chief Financial Officer and
Chief Operating Officer from 2008 to 2012. His career also includes
16 years as Executive Vice President and Chief Financial Officer of
Millward Brown, a multinational market research firm, and nine
years with Arthur Andersen LLP.
Following the changes announced today, Roadrunner’s board is
comprised of ten directors. “Our board and management team remain
focused on improving our operations and driving sustainable,
long-term top and bottom-line growth,” said Curtis W. Stoelting,
Chief Executive Officer of Roadrunner.
About Roadrunner Transportation Systems, Inc.
Roadrunner is a leading asset-right transportation and
asset-light logistics service provider offering a full suite of
solutions under the Roadrunner Freight, Roadrunner Express,
Roadrunner Temperature Controlled, Roadrunner Intermodal Services
and Ascent Global Logistics® brands. The Roadrunner brand offers
solutions including less-than-truckload, air and ground domestic
and cross-border expedite, dry van and temperature controlled
truckload logistics and intermodal services. The Ascent Global
Logistics brand 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 or performance.
Forward-looking statements include, among others, statements
regarding the company’s operations and growth. 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 or
achievements, to differ materially from those expressed or implied
in any forward-looking statement. Such factors include, among
others, risks related to the remediation of Roadrunner’s identified
material weaknesses in its internal control over financial
reporting, the litigation resulting from the restatement of
Roadrunner’s previously issued financial statements and the other
risk factors contained in Roadrunner’s SEC filings, including
Roadrunner’s Annual Report on Form 10-K for the year ended December
31, 2016. 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180419005380/en/
Reputation PartnersMarilyn Vollrath414-376-8834ir@rrts.com
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