STG Logistics, which is owned by Chicago-based private-equity firm Wind Point Partners, has named Paul Svindland its chief executive officer. Svindland was most recently CEO of the now bankrupt trucking company, Celadon Group Inc.
Svindland has extensive experience in logistics, including 25 years in the transportation and logistics industry as chairman and chief executive of Farren International and EZE Trucking. He was also chief operating officer of Pacer International. His experience spans ocean and air logistics, freight forwarding, intermodal, over-the-road trucking and various 3PL services.
Greg Muldoon, STG chairman and interim CEO, will continue to serve as the company’s chairman.
“We are extremely excited for Paul to join the STG team. His broad experience across ocean, air, and truckload transportation will provide him with a strong background to strengthen STG’s relationships with both customers and suppliers. We look forward to STG’s continued growth with Paul leading the organization,” said Muldoon.
Svindland was named CEO of Celadon in 2017. Last month, the company announced it had filed for Chapter 11 bankruptcy protection and was shutting down all of its business operations, affecting some 4,000 employees.
Celadon had been facing financial issues that predated Svindland’s tenure as CEO, which eventually led to two former executives being indicted on multiple fraud charges.