Forward Air Corporation Appoints New Director
October 03 2024 - 8:08AM
Business Wire
Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward”,
“we”, “our”, or “us”) today announced that Jerome Lorrain has been
appointed to Forward’s Board of Directors (the “Board”) effective
October 1, 2024.
Mr. Lorrain has over 30 years of experience serving in a variety
of roles in the logistics and transportation industry. He
previously served as Chief Operating Officer of CEVA Logistics, a
global end-to-end logistics company, and currently serves as
director of Log-Hub, a supply chain solution and optimization
company, and as the executive chairman of FluentCargo, a routing
solutions provider. Additionally, Mr. Lorrain formerly served as a
director of SeaFrigo and as the chairman of Arrive Logistics and
Pilot Freight Services.
George Mayes, Independent Chairman of the Board, said “On behalf
of the Board, I want to welcome Jerome as a new director of Forward
Air. His experience in the transportation and logistics sector will
add tremendous value to our Board, our Company and its 7,000+
employees. His insights and experience will serve us well as we
continue our integration and transformation journey, leveraging the
unique platform created by our transaction with Omni from which we
are now providing best-in-class domestic expedited
less-than-truckload services, as well as global freight forwarding
and contract logistics services.”
The Company also announced that R. Craig Carlock has decided to
step down from the Board, effective October 15, 2024, consistent
with Forward’s commitment to ongoing refreshment.
Mr. Mayes continued, “The Board and I would like to thank Craig
for his partnership and contributions over the last nine years and
wish him all the best in his future endeavors.”
Giving effect to today’s announcement, following Mr. Carlock’s
departure, the Board will continue to be comprised of twelve
directors, eleven of whom are independent and seven of whom have
been appointed since closing of the Omni transaction.
Forward Air Corporation
Forward Air is a leading asset-light provider of transportation
services across the United States, Canada and Mexico. We provide
expedited less-than-truckload services, including local pick-up and
delivery, shipment consolidation/deconsolidation, warehousing, and
customs brokerage by utilizing a comprehensive national network of
terminals. In addition, we offer truckload brokerage services,
including dedicated fleet services, and intermodal, first- and
last-mile, high-value drayage services, both to and from seaports
and railheads, dedicated contract and Container Freight Station
warehouse and handling services. Forward also operates a full
portfolio of multimodal solutions, both domestically and
internationally, via Omni Logistics. Omni Logistics is a global
provider of air, ocean and ground services for mission-critical
freight. We are more than a transportation company. Forward is a
single resource for your shipping needs. For more information,
visit our website at www.forwardaircorp.com.
Note Regarding Forward-Looking Statements
This press release may contain statements that might be
considered as forward-looking statements. Forward-looking
statements can be identified by words such as: “anticipate”,
“expect”, “intend”, “plan”, “goal”, “target”, “project”, “believe”,
“may”, “should”, “will”, “aim”, “would”, “seek”, “estimate”,
“strategy”, “future”, “likely” and similar references to future
periods. Such statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995
and are based on management’s belief or interpretation of
information currently available. These statements and assumptions
involve certain risks and uncertainties including the Company’s
expectations regarding the appointment of senior management
positions. Actual events may also differ from these expectations as
a result of the risks identified from time to time in our filings
with the Securities and Exchange Commission. You should consider
the forward-looking statements contained herein in light of such
risks. We assume no duty to update these statements as of any
future date.
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version on businesswire.com: https://www.businesswire.com/news/home/20241003105797/en/
Justin Moss (404) 362-8933 jmoss@forwardair.com
Forward Air (NASDAQ:FWRD)
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