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STG Logistics has hired Paul Svindland as CEO, the Chicago-based company announced Jan. 28.
Svindland most recently was president and CEO of Celadon Group, which filed for bankruptcy protection in early December and is in the process of being liquidated.
Svindland was part of Celadon’s management team that was brought in last summer to try to save the company after the previous leadership ran into legal trouble with the Department of Justice and Securities and Exchange Commission. The company paid $44.2 million to settle federal charges and claims of filing false financial statements that concealed losses related to its aging truck fleet.
“I am thrilled to join STG and look forward to leading such a dynamic and well-positioned business,” Svindland said. “STG provides a wide range of critical supply chain services to the import-export market, and we have a great opportunity to build upon the company’s existing growth momentum. I look forward to working with the broader STG team to expand our leading 3PL platform.”
Greg Muldoon, chairman and interim CEO, will continue to serve as chairman.
“We are extremely excited for Paul to join the STG team,” Muldoon said. “His broad experience across ocean, air and truckload transportation will provide him with a strong background to strengthen STG’s relationships with both customers and suppliers.”
STG operates a network of container freight facilities in North America, handing ocean and air cargo near major ports and cities. The company also provides additional logistics services including distribution, warehousing and reliable transportation within the U.S. — Transport Topics
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