Announcements
On The Move
CN’s New President
Canadian National’s board of directors recently announced the appointment of E. Hunter Harrison as CN’s new president and chief executive officer, effective Jan. 1, 2003.
Mr. Harrison, 58, has served as CN’s executive vice-president and chief operating officer since March 1998 and joined the company’s board of directors on Dec. 6, 1999. Between 1993 and 1998 Mr. Harrison was president and chief executive officer of Illinois Central Corporation (IC) and the Illinois Central Railroad Company (ICRR), and a director of both IC and ICRR.
Mr. Harrison replaces Paul Tellier as CN’s president and chief executive officer.
In a press release CN Chairman David McLean notes: “CN’s board of directors is delighted to announce Hunter Harrison’s appointment. Hunter is the best operating executive in the rail business, the man who designed and implemented the scheduled railroad at CN. Scheduled railroad practices – now being embraced by other major railroads – have made CN the service and efficiency leader of the North American rail industry and allowed it to grow its service-sensitive merchandise businesses at a healthy pace. The industry recognizes Hunter’s leadership and innovation – Railway Age magazine in January named him 2002 Railroader of The Year.”
Bombardier Designates Paul Tellier President and Chief Executive Officer
At a special meeting on Dec. 12, 2002, Mr. Paul Tellier, was named president and CEO of Bombardier Inc., and it was announced that he will assume his new responsiblilities on Jan. 13, 2003. In the interim, Mr. Laurent Beaudoin, Chairman of the Board and of the Executive Committee of Bombardier, will assume the CEO’s functions with Mr. Robert E. Brown leaving the Corporation.
Mr. Tellier has held several top-level positions in the Canadian public service, including Clerk of the Privy Council. He has been president and CEO of the CN since Oct. 6, 1992.
Bombardier Inc., a diversified manufacturing and services company, is a world-leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montréal, Canada, the Corporation has a workforce of some 80,000 people in 24 countries.
Ron Wallace to Retire; David Abney to head UPS International
Ronald G. Wallace, a long-time executive of UPS who for the past five years has driven the growth of UPS’s international package operations, has recently announced his retirement. He will be succeeded by David P. Abney, who has helped guide the evolution of UPS’s global supply chain management business.
The 47-year-old Mr. Abney, who began his UPS career in 1974 as a part-time employee loading and unloading packages in Mississippi, will assume his new position on Jan. 1, 2003. In leading International package operations, he will join UPS’s Management Committee, which includes the company’s 11 most senior executives.
“Ron has devoted 37 years of his life to this company and we are all the better for it,” said Mike Eskew, UPS’s chairman and CEO in a press release. “And with David Abney, we have the strategic thinking and deep knowledge of the company needed to guide our international operations on a continued strong course. David’s background in the package distribution business and his recent work in the supply chain arena offer a unique combination that will help sustain UPS’s global growth.”
Mr. Abney has helped implement new business lines that UPS considers the foundation for its future growth. In 1999, he assumed responsibility for UPS SonicAir®, the same-day delivery arm of UPS. Following that, Mr. Abney launched UPS’s Service Parts Logistics, the unit that designs and manages urgent parts networks and return-and-repair operations for customers worldwide. In 2001, Mr. Abney oversaw the integration of UPS’s largest acquisition of recent years, the Fritz Companies, which has extensive operations in Asia, Europe and Latin America. He since has played a major role in operating UPS Supply Chain Solutions.
Mr. Wallace, 58, began his UPS career in 1966 as a delivery driver in Idaho. He served as the head of UPS’s North German District for six years and then president of UPS Canada for three years. In addition to directing UPS’s international operations, Mr. Wallace participates in several global trade organizations and also serves on the National Board of Directors of the Speedway Children’s Charity.
FedEx Freight Corporation Names New Presidents
FedEx Freight Corporation has named recently named new presidents of its operating companies.
Patrick (Pat) L. Reed, corporate vice president and chief operating officer for FedEx Freight East, has been named president and CEO of FedEx Freight East, effective December 1, 2002. He replaces Thomas (Tom) R. Garrison, who is retiring. Keith Lovetro, who currently serves as senior vice president of FedEx Freight West, has been named president and CEO of FedEx Freight West, effective January 1, 2003. He replaces Tilton G. Gore, who is also retiring. FedEx Freight is a leader in regional LTL (less-than-truckload) freight services and is a subsidiary of FedEx Corp.
“We are very appreciative of the many contributions that both Tilton and Tom have made to the organization. We wish them well in their retirement,” noted Douglas G. Duncan, president and CEO of FedEx Freight Corp in a press release. “I am equally pleased to have Keith and Pat as the new leaders of our operating companies. Both have proven track records in our organization and in the industry. They have already been major architects for our regional service strategy, and I am confident that, going forward, they will enhance value for all of our stakeholders, including our customers, our employees and our shareholders.”
Pat Reed
Mr. Reed joined FedEx Freight East, formerly known as American Freightways, in 1996 as a special projects manager and was promoted to regional vice president of operations the same year. In 1997, he was named division vice president of operations. He was promoted to executive vice president of operations in 1999, and was appointed as COO in January 2002.
Tom Garrison
Mr. Garrison joined American Freightways in 1982 as treasurer, establishing the initial accounting and information technology functions. He was elected to the company’s board of directors in 1985, and during his 20-year span with the company, Mr. Garrison led various functions throughout the business. He was promoted to president in June of 1998, and assumed the additional position of CEO in June 1999.
Working with a skilled and cohesive team of executive management, FedEx Freight East has, as previously reported, consistently improved year-over-year earnings every quarter since 1997. During that time, FedEx Freight East was recognized as one of America’s Most Admired Companies by FORTUNE magazine and as one of America’s Best Big Companies by Forbes magazine. In 2001, the American Trucking Associations (ATA) honored the company with its prestigious President’s Trophy for outstanding safety performance.
A graduate of the University of Arkansas, Mr. Garrison was named Accountant of the Year in Industry for 2001 by the Sam M. Walton College of Business. Additionally, he serves on the Dean’s Executive Advisory Board, the Supply Chain Management Research Center, and the board of directors of the Arkansas Trucking Association.
Keith Lovetro
Mr. Lovetro joined FedEx Freight West, formerly known as Viking Freight, in 1994 as director of marketing. In 1996, he was named director of customer service and was promoted to director of customer service and inside sales in 1997. He was promoted to vice president of marketing in 1998, and was named senior vice president of the company in 2001.
During his career in the transportation industry, he also held positions in sales, pricing and customer service with Emery Worldwide and CF Airfreight. Mr. Lovetro holds an MBA from the University of Santa Clara and a BA from the University of California. He is a member of the American Marketing Association and the Business Marketing Association and has received numerous awards for marketing and advertising excellence.
Tilton Gore
Mr. Gore began his career with Viking in 1986 as director of operations for the southern region. He was promoted to vice president of service center operations in 1989, then was named senior vice president in 2000, and was promoted to president and CEO in February 2001.
During his time with the company, Mr. Gore was instrumental in building its network of service centers throughout the West and its unparalleled on-time performance record. FedEx Freight West has been recognized with numerous customer and industry awards for the quality of its service, including the Quest for Quality award and as the NASSTRAC (National Small Shipment Traffic Conference) Western Regional Carrier of the Year. In 1999 the company received the prestigious President’s Trophy from the ATA for its outstanding safety program.
A veteran of the transportation industry, Mr. Gore previously served as vice president of operations and as a member of the board of directors and part owner of System 99 Trucking. He started his career with Thompson Truck Lines in 1963, which was acquired by System 99 in 1967. He went on to hold positions of increasing responsibility in operations, management and information systems and industrial relations.