Canadian transportation conglomerate TFI International has picked David Saperstein to replace retiring Chief Financial Officer Greg Rumble.
Saperstein (left) and Rumble
Saperstein joined the company in 2016 as vice president of mergers and acquisitions after spending 15 years in investment banking at several firms in the United States and Europe, including Goldman Sachs. He holds a masters in business administration from the Wharton School at the University of Pennsylvania and an undergraduate degree from Stanford University.
CEO Alain Bedard said the appointment of Saperstein is part of an executive succession plan at TFI.
“Over the past two years, while leading our very active M&A program, David has been integrally involved with Greg and his finance team,” Bedard said in a statement Nov. 5. “David brings capital market expertise and a superb financial background, and is already well-known by the investment community. We expect a seamless transition as we continue to grow our business.”
TFI International, based in Montreal, ranks No. 9 on the Transport Topics Top 100 list of largest for-hire carriers in North America.