CNF Board Elects Douglas Stotlar, President and CEO.

PALO ALTO, Calif. -- CNF Inc. (NYSE:CNF) announced today that its Board of Directors has elected Douglas W. Stotlar as president and chief executive officer of the company. The announcement was made by Board Chairman Dr. W. Keith Kennedy Jr., who had been serving as interim CEO since July 2004. E[acute accent]Stotlar, 44, most recently was president and chief executive officer of Con-Way Transportation Services, Inc., CNF's largest operating subsidiary, and a senior vice president of CNF. Kennedy announced that both Con-Way and Menlo Worldwide, CNF's logistics and supply chain services subsidiary, will report to Stotlar, as will all corporate and administrative functions. E[acute accent]John H. Williford, who most recently served as president and chief executive officer of Menlo Worldwide, will become an advisor to the company. E[acute accent]"I am pleased that the board has elected Doug Stotlar to be the company's next chief executive officer," said Kennedy. "He is one of the brightest and most experienced executives working in the transportation industry today and CNF is delighted to have this talented manager as its leader." E[acute accent]Stotlar has served as president and CEO of Con-Way since 2004. Prior to that he was executive vice president and chief operating officer of Con-Way and was the former head of Con-Way NOW, the company's successful time-definite freight services carrier. He first joined Con-Way in 1985 as a freight supervisor for Con-Way Central Express and worked successfully in a variety of management positions of increasing responsibility at the carrier. He is a graduate of Ohio State University. E[acute accent]CNF is a $3.7 billion management company of global supply chain services with businesses in less-than-truckload motor carriage, truckload carriage, air freight, logistics, supply chain management, and trailer manufacturing.