STG Logistics announces new CEO, board members

STG Logistics announced on Monday that Jack Holmes will assume the role of CEO immediately, succeeding Geoff Anderman. Anderman led the company through its recent financial restructuring. Holmes, who spent 37 years at UPS, including as president and CEO of UPS Freight, will also join STG's board. The company appointed Clinton Smith as interim CFO, replacing Tyler Holtgreven, and Cherie Schaible as interim general counsel.

Holmes and Anderman will collaborate through the transition, with Anderman remaining as an adviser. Gary Enzor, who previously led Quality Distribution, was named chairman. The appointment of seasoned industry executives, including John Labrie, Joe Troy, Dave Ebbrecht, and Darren Hawkins, strengthens the new leadership team. STG exited pre-packaged Chapter 11 in January, reducing over $1 billion in debt and securing $150 million in new capital. The company's emergence from bankruptcy ensures continued market stability and capacity.