CNF Names Con-Way Executive Douglas Stotlar Its New CEO

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NF Inc. said Tuesday that its Board of Directors elected Douglas Stotlar the company’s new chief executive officer.

The announcement was made by board chairman W. Keith Kennedy Jr., who had been serving as interim CEO since July.

Stotlar, 44, most recently was CEO of less-than-truckload carrier Con-Way Transportation Services Inc., CNF's largest operating subsidiary.

Both Con-Way and Menlo Worldwide, CNF’s logistics and supply chain services subsidiary, will report to Stotlar, as will all corporate and administrative functions, the company said in a statement.

John Williford, who most recently served as CEO of Menlo Worldwide, will become an advisor to the company.

"I am pleased that the board has elected Doug Stotlar to be the company's next chief executive officer," Kennedy said. "He is one of the brightest and most experienced executives working in the transportation industry today and CNF is delighted to have this talented manager as its leader."

Prior to becoming Con-Way’s CEO last year, Stotlar was executive vice president and chief operating officer of Con-Way and was the former head of Con-Way NOW, the company's time-definite freight services carrier.

He first joined Con-Way in 1985 as a freight supervisor for Con-Way Central Express and worked in a variety of management positions at the carrier.

CNF is ranked No. 4 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.