Celadon Promotes Executives

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Indianapolis-based Celadon Group Inc. (NYSE: CGI) has announced a restructuring of its upper-management team. The trucking company has named Danny Williams chief operating officer for its Quality Companies division and promoted four executives to newly-created division president positions. April 20, 2015

News Release

INDIANAPOLIS, Ind. (April 17, 2015) - Celadon Group, Inc. (NYSE: CGI) today announced several promotions within to its senior management team. The changes are effective immediately.

Danny Williams has been promoted to Chief Operating Officer for Celadon’s Quality Companies division. He previously served as Vice President of the Quality Companies. Mr. Williams graduated from Franklin College in May 2006 and joined Celadon in June of 2006 as a Financial Analyst. He transitioned into the Quality division as a Truck Sales Representative in 2007 and was promoted in October 2008 to Retail Center Manager. Mr. Williams will report to Eric Meek, Celadon’s Executive Vice President and Chief Operating Officer.

The Company also announced the creation of four new Division President positions in the Celadon Trucking organization, also reporting to Mr. Meek. George Chasteen will assume the role of President of International Business. This division includes all operations associated with Jaguar, Celadon’s Mexican subsidiary and Hyndman, Celadon’s Canadian subsidiary. Most recently, Mr. Chasteen was Vice President of Mexico. He graduated from Indiana University with a degree in Finance and Accounting. Prior to joining Celadon in 2011, he worked for Deloitte & Touche as a CPA.

Chad Hoffman has been promoted to Celadon’s President of Specialized Business. This department represents divisions that primarily focus on non-dry van freight. This area will include Temperature Controlled, Intermodal (TOFC and COFC), and Taylor Express – Celadon’s bulk transfer business. Mr. Hoffman most recently was Vice President of Operations. He graduated from Franklin College with a double major in Finance and Business Management. He was employed by Irwin Union Bank and Trust as a credit analyst before joining Celadon in 2007.

Lauren Howard is the new President of Truckload Operations for Celadon. This division encompasses all domestic US operations that are primarily focused on Dry Van Freight. This area includes Local and Dedicated as well as Expedited operations, terminal operations and customer service. Most recently, Ms. Howard was the Vice President of Customer Service. She graduated from Butler University with a Bachelor’s degree in Public and Corporate Communications and a Master’s degree in Business Administration. Prior to joining Celadon in 2012, Ms. Howard worked for the University of Indianapolis as Director of Communications.

Nathan Roberts has been appointed President of Eagle Logistics Services. This group is focused on operating asset light business primarily through the use of owner operators owning both their truck and trailer. This department includes Eagle Logistics Services, Flatbed Operations, Quality Drivers, and Celadon Recruiting. Previously, Mr. Roberts was Vice President of Specialized Services. He graduated from Franklin College in 2006 with majors in Finance, Management, Marketing, and Economics. Before joining Celadon in 2012, he was employed in finance at several lending institutions.

"These are important appointments for Celadon as they add the necessary expertise, leadership and depth that will help us drive our continued growth," commented Meek. "Celadon's leadership team today is comprised of highly creative, productive and accomplished professionals with a shared commitment to our customers and our drivers."

"Eric has developed a strong team and an organically created talent pipeline to help drive both external and organic growth for Celadon, commented Paul Will, Celadon's president and CEO. "With the addition of these five leaders to our senior management team, we are strengthening our ability to give our customers collaborative solutions that can have an immediate, positive, and measurable impact on their business and provide our partners on the road with the necessary resources to be successful."

Celadon Group Inc. (www.celadongroup.com), through its subsidiaries, provides long-haul, regional, local, dedicated, intermodal, temperature-controlled, flatbed and expedited freight service across the United States, Canada and Mexico. The company also owns Celadon Logistics Services, which provides freight brokerage services, freight management, as well as supply chain management solutions, including warehousing and distribution.

Source: Celadon Group Inc.