Odyssey Realigns Business Structure With Four New Divisions
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Odyssey Logistics & Technology Corp. realigned its business structure by creating four new operating divisions, the company announced May 4.
The Danbury, Conn.-based logistics and technology solutions provider said the divisions will cover supply chain components for intermodal, transport and warehousing, freight forwarding and managed services. They will align existing business units across common markets, modes and services.
“By consolidating into operating divisions in market-based modal alignment, Odyssey is uniquely positioned to drive synergy, optimization and organic growth from the bottom up,” CEO Keith Hancock said in a statement. “We are creating a combined and concise value proposition that is further enhanced by targeted acquisitions and efficient support structures worldwide.”
Odyssey also announced several promotions and new assignments across its executive team:
• Glenn Riggs was appointed chief strategy officer.
• Michael Pozzi was promoted to chief financial officer.
• Laura Sheehy was named chief human resources officer.
• Ken Stratton was named president of the intermodal division
• Bill Ritter became president of the transport and warehousing division.
• Kevin Kelly was named president of the freight forwarding division.
• Charlie Midkiff became president of the managed services division.
“This new division structure enables us to more effectively manage our collective business, simplifies our logistics market message, streamlines operational reporting and creates business combinations that can more effectively react to growth opportunities given common mode and service platforms within each division,” said Cosmo Alberico, president and chief operating officer. — Transport Topics
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