PE-backed Cardinal Logistics appoints White as executive chair

Cardinal Logistics Management Corp, which is backed by Centerbridge Partners, has named Tom White as executive chairman. Previously, White worked in senior management at a number of companies that include CEVA Logistics and Hub Group Inc. Cardinal Logistics provides transportation and third-party logistics services.

PRESS RELEASE

CONCORD, N.C., Jan. 30, 2015 /PRNewswire/ — Cardinal Logistics Management Corporation, a nationwide provider of transportation and third-party logistics services, today announced the appointment of Tom White as Executive Chairman of Cardinal and its parent company, Cardinal Logistics Holdings, LLC. Mr. White succeeds Brandt McKee, who has been serving as interim Chairman of the parent company following the departure of John Tague in November 2014. Mr. McKee will continue to serve as a member of the Board of Directors of the parent company.

Tom White, 57, brings a wealth of experience to this role, having formerly served in senior management positions with CEVA Logistics, a leading global forwarding and contract logistics company, Hub Group, Inc., a leading domestic intermodal and logistics company and as Board Chairman of Quality Distribution, Inc., the leading North American chemical bulk and intermodal transportation company.

In accepting the role of Executive Chairman at Cardinal, Mr. White said, “I am excited to join such a high quality organization with its intense customer-focused culture. Cardinal is a leading dedicated transportation provider in the United States with talented people and a broad array of capabilities and technologies. I look forward to working with Cardinal’s management team and its majority owner Centerbridge Partners to strengthen and grow the business.”

Commenting on the appointment of Mr. White to the Executive Chairman position, Will Manuel, Senior Managing Director at Centerbridge Partners, remarked, “Tom is a proven leader who has the experience and skill set necessary to successfully lead our market-leading organization.”

About Cardinal Logistics Management Corporation

Cardinal Logistics Management Corporation is a privately held third-party logistics provider serving the United States and Canada. Cardinal and its affiliates offer an integrated service platform to customers including dedicated, irregular route truckload, full-service truckload brokerage, warehouse-based logistics and managed transportation services. Cardinal is one of the largest for-hire providers of dedicated refrigerated transportation in the United States. The company ranks 23rd among Transport Topics’ Top 50 Logistics Providers, is a Food Logistics Top 100 3PL Provider and an Inbound Logistics Top 100 Motor Carrier. For more information, visit www.cardlog.com or follow the company on Twitter at www.twitter.com/CardinalLog and like us on Facebook at www.facebook.com/CardLog.

About Centerbridge

Centerbridge Partners, L.P. is a private investment firm based in New York City and currently has approximately $25 billion in capital under management. The firm focuses on private equity and credit investments. The firm is dedicated to partnering with world-class management teams across targeted industry sectors to help companies achieve their operating and financial objectives.