Tom Stangl retires; Dwight Johnson appointed President and CEO
TINLEY PARK, IL – ITS Technologies and Logistics LLC (“ITS”) today announced that Tom Stangl, President and Chief Executive Officer will retire effective April 1, 2011.
“ITS has seen impressive growth under Tom’s leadership over the past 25 years. He has worked thirty five years in intermodal transportation and has been instrumental in implementing industry leading safety, training and productivity improvement processes during his tenure with ITS. The Board recognizes Tom’s significant contribution to ITS and extends their best wishes to Tom and his family during his retirement” said Robert Dove, ITS’ Chairman of the Board of Directors.
Dwight Johnson, currently ITS’ Chief Operating Officer, will succeed Mr. Stangl as President and Chief Executive Officer and join the Board of Directors. Mr. Johnson joined ITS as Chief Operating Officer in October 2010. Prior to joining ITS he held various positions at the Broe Group, including President of Omnitrax, a position he held for 20 years.
“Dwight joins ITS with significant railroad operating and investing experience. His ability to create value and provide solutions to our customers will be essential to the Company’s continued success,” said Mike Lanigan, member of the ITS Board of Directors.
Mr. Stangl will continue to serve as a member of the Board of Directors of ITS through 2011 and as an advisor to Mr. Johnson through 2012.
About ITS
ITS is one of the leading operators of intermodal facilities in North America, operating at 50 locations in the U.S. and two in Mexico, and employs over 1,600 people in the U.S and Mexico. The Company is one of the largest operators of intermodal facilities and handles approximately six million lifts (or intermodal units) annually. ITS has long standing customer relationships with all the major North American railroads. It provides complete turnkey services to its customers including lift‐on/lift‐off of containers, equipment maintenance, checkpoint administration, drayage and switching.
“ITS has seen impressive growth under Tom’s leadership over the past 25 years. He has worked thirty five years in intermodal transportation and has been instrumental in implementing industry leading safety, training and productivity improvement processes during his tenure with ITS. The Board recognizes Tom’s significant contribution to ITS and extends their best wishes to Tom and his family during his retirement” said Robert Dove, ITS’ Chairman of the Board of Directors.
Dwight Johnson, currently ITS’ Chief Operating Officer, will succeed Mr. Stangl as President and Chief Executive Officer and join the Board of Directors. Mr. Johnson joined ITS as Chief Operating Officer in October 2010. Prior to joining ITS he held various positions at the Broe Group, including President of Omnitrax, a position he held for 20 years.
“Dwight joins ITS with significant railroad operating and investing experience. His ability to create value and provide solutions to our customers will be essential to the Company’s continued success,” said Mike Lanigan, member of the ITS Board of Directors.
Mr. Stangl will continue to serve as a member of the Board of Directors of ITS through 2011 and as an advisor to Mr. Johnson through 2012.
About ITS
ITS is one of the leading operators of intermodal facilities in North America, operating at 50 locations in the U.S. and two in Mexico, and employs over 1,600 people in the U.S and Mexico. The Company is one of the largest operators of intermodal facilities and handles approximately six million lifts (or intermodal units) annually. ITS has long standing customer relationships with all the major North American railroads. It provides complete turnkey services to its customers including lift‐on/lift‐off of containers, equipment maintenance, checkpoint administration, drayage and switching.