CF MotorFreight Appoints Three New Department Heads.MENLO PARK Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif.--(BUSINESS WIRE)--Nov. 5, 1996--CF MotorFreight, a full-service trucking company, has announced the appointments of three new department heads: Sunil Bhardwaj, vice president of planning and administration; William Hennessey, director of marketing and strategic planning; and Joseph Devine, director of human resources. Bhardwaj joined Consolidated Freightways in 1989 in Palo Alto, Calif., as assistant controller with responsibility for the company's external and internal financial reporting. In 1992, he was promoted to vice president of internal control, responsible for reviewing the financial and operating controls throughout the company's worldwide operations and auditing for compliance with management, accounting and administrative policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental . In his new position, he will be responsible for the company's business planning, cash management and treasury services, collection, payable and payroll processes. Bhardwaj, 41, has 21 years of experience in accounting, financial controls and reporting and seven years' experience in the transportation industry. A graduate of the University of Delhi The University of Delhi, (DU)is a university in India. Established in 1922, it is one of the premier universities of the country and is known for its high standards in teaching and research. It offers courses at the Undergraduate and Post Graduate levels in most subjects. , India, Bhardwaj holds a bachelor of commerce The Bachelor of Commerce is a bachelor's degree in business management, accounting and economic fields. The degree is also known as the Bachelor of Commerce and Administration (BCA). degree and is a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. . He will be based at the company's administrative offices in Portland, Ore. Hennessey, 56, will be responsible for identifying and developing new business opportunities and marketing strategies. He has 33 years' experience working in domestic and international multi-modal transportation marketing and new business development. Before his recent appointment, he served as freight transportation industry marketing manager and supply chain systems marketing manager for Digital Equipment Corporation since 1987. He also has held management marketing positions of increasing responsibility with several motor carriers, Sea-Land Service and Atchison, Topeka and Santa Fe Railway The Atchison, Topeka and Santa Fe Railway (AAR reporting marks ATSF), often abbreviated as Santa Fe, was one of the largest railroads in the United States. The company was first chartered in February, 1859. Company. Hennessey attended Yale College in New Haven, Conn., and holds an M.B.A. from the University of Chicago. He will be based at Consolidated Freightways' headquarters in Menlo Park. Devine, 52, will oversee Consolidated Freightways' companywide human resources initiatives. He has more than 23 years of human resources management experience in the building, container and consumer products industries. Prior to joining CF, he worked with Georgia-Pacific's distribution division in Atlanta. His background also includes senior-level management assignments with Southdown, Inc., Continental Can Company and the Miller Brewing Company Miller Brewing Company is the second largest American beermaker and is based in Milwaukee. It is owned by SABMiller. Miller owns breweries in Albany, Georgia; Chippewa Falls, Wisconsin; Eden, North Carolina; Fort Worth, Texas; Irwindale, California; Milwaukee, Wisconsin and . Devine holds a bachelor's degree in industrial relations from LaSalle University in Philadelphia and will be based at the company's headquarters in Menlo Park. Through its system of 373 service centers and 21,000 employees, Menlo Park-based CF MotorFreight offers full less-than-truckload (LTL LTL - Linear Temporal Logic ) service throughout the United States, Canada, Mexico, Europe, Asia, the Caribbean, Latin America and the Middle East. CF MotorFreight is a subsidiary of Palo Alto, Calif.-based Consolidated Freightways Inc. CF MotorFreight recently announced plans to operate as a separate publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . The spin-off transaction from CF Inc. is expected to be completed in the fourth quarter of 1996. CONTACT: CF MotorFreight Mike Brown or Ken Heiman, 415/326-1700 |
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