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February 24, 2011 11:00 AM, EST

Frozen Food Express CEO to Retire

Stoney “Mit” Stubbs Jr., CEO of Frozen Food Express Industries, will retire Monday, the company said.

Stubbs, who is also chairman of FFE’s board of directors, served in both roles for 27 years, FFE said late Wednesday. He will continue as chairman following his retirement, FFE said.

Stubbs joined FFE in 1960 as a management trainee. He was named president in 1979 and added the roles of CEO and chairman in 1984.

He oversaw a period of growth at FFE, including multiple acquisitions and an increase in revenue from to more than $500 million, from $64 million when he was named CEO.

Stubbs’ son Russell Stubbs, who has been FFE’s president since January 2010, will become its CEO, it said.

Frozen Food Express is ranked No. 56 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.