Friday, June 1, 2018

Transport and Logistics Appointments and Departures This Week Start with a Row  

Battle Commences at Stobart and Who is Heading Where in the Freight Game

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Shipping News Feature UK – The Stobart Group, a well-established name in the UK's transport and logistics industry, is in the midst of a boardroom battle between the company’s Chairman, Iain Ferguson and the former Chief Executive, Andrew Tinkler. Ahead of the company’s AGM on June 28, Tinkler, who holds 7.7% of the voting rights in the Stobart Group, formally notified Stobart of his intention to oppose the re-election of Ferguson as a Director and Chairman.

In a statement, Stobart responded to the opposition saying that all of the other Directors offering themselves for election or re-election at the AGM confirm that they have full confidence in Ferguson, both as a Director and as Chairman, and will therefore be recommending to shareholders that they vote in favour of his re-election.

In response, Andrew Wood, Non-Executive Director and Senior Independent Director, and John Coombs, Non-Executive Director, have advised the Stobart that they would resign from the Board in the event that Ferguson is not re-elected.

Stobart says that it has received written confirmation from its largest shareholder, Invesco Asset Management acting as agent for and on behalf of its discretionary managed clients, with 24.8% of the voting rights, that it is supportive of the re-election of the Non-Executive members of the Board, including the Chairman.

Tinkler and two other shareholders, who together own 25.5% of the voting capital, notified Stobart that they are not supportive of the re-election of Ferguson and will vote against his re-election at the AGM.

US – UPS has announced Kevin Warren to the position of Chief Marketing Officer, effective June 1, reporting directly to Chairman and Chief Executive Officer David Abney. Warren also joins the UPS Management Committee. Most recently, he served as Executive Vice President and Chief Commercial Officer for Xerox Corporation.

US – Lars Winkelbauer has been appointed as the new Executive Vice President and Chief Operating Officer of Polar Air Cargo Worldwide, a subsidiary of Atlas Air Worldwide, effective July 1. Based in Purchase, New York, Winkelbauer will report directly to William Flynn, President and Chief Executive Officer. He succeeds Robert Hyslop, who is re-joining DHL Express as Senior Vice President of Global Aviation.

US – 8VC, a venture capital fund, has announced Shaleen Devgun, Chief Information Officer and Executive Vice President at Schneider, has joined the firm as an adviser.

NIGERIA – Rudi van Niekirk has been appointed as the new Managing Director at GAC Nigeria. Prior to his appointment, van Niekirk served as Regional Business Controller for GAC’s Africa Regional Office. He supported several offices across the Africa region and was responsible for implementing Group strategy for accounting, treasury and audit functions.

CHINA – Trelleborg’s offshore operation has appointed Ralph Wu as its Sales Manager for China, based out of the company’s Qingdao facility.

AUSTRALIA – The Port of Newcastle has announced the appointment of Craig Carmody as incoming CEO, effective August 1. He takes over from Geoff Crowe who led the organisation for 3 years.

UK – Street Crane has announced that Andrew Pimblett is stepping down as Managing Director after 49 years with the company. Gus Zona, who has worked in the roles of both Sales Director and Operations Director, has been named to succeed Pimblett, who will remain at the company as a non-Executive Director, advising on strategic matters and working three days per week.

UK – Supply chain and logistics consultancy, SCALA has announced John Callender as a Senior Consultant. Callender has over 30 years’ experience in the retail sector, having previously worked at Tesco, Homebase, and Karcher UK.

UK –The British Safety Council (BSC) has appointed Paul Fakley to the newly created role of Engagement Director. Fakley joins the charity and memberships body from Travel and General Insurance Services, where he was Sales and Marketing Director. At the same time, the BSC has appointed Dave Parr as Policy and Technical Director. Parr has been heading Audit and Technical Services at the organisation for the last six years and has worked for BSC since 2005 in various roles.

These two appointments have been made following the resignation of Louise Ward, Policy Standards and Communications Director. Ward will be returning to the industry, taking up a new role in environment, health and safety.

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