Printer Friendly

Celadon Group Announces Changes to Board of Directors.

INDIANAPOLIS -- Celadon Group Inc. (NASDAQ:CLDN) today announced that Paul Biddelman has resigned from its board of directors and will be replaced by Chris Hines.

"After 14 years as a member of Celadon's board of directors, we are sorry to see Paul leave," said Celadon Chairman and CEO Steve Russell. "He has been an outstanding director."

Biddelman is president of Hanseatic Corporation, an investment firm based in New York. Mr. Biddelman, who was elected to the board in October 1992, decided to resign due to the fact that Hanseatic Corporation has ceased to be a Celadon shareholder. Celadon's board of directors has voted to replace Biddelman with Chris Hines.

Hines brings more than 20 years of experience in the transportation industry. He previously served as president of GE Capital's trailer business (GETFS, formerly Transport International Pool, or TIP) where he directed 125 branches and 1,100 employees representing annualized revenue of $450 million. While working in various positions with GE TIP, he was also responsible for building a national account network, an asset financing operation, a mobile maintenance business, and an integrated trailer remarketing unit.

In addition, Hines has been president of Pegasus TransTech, a leading provider of truck stop scanning and business process improvement solutions to the transportation industry. He also has been a senior vice president of Terion Inc., a leading provider of trailer tracking technology.

Hines is currently a board member of the Truckload Carriers Association, and is a past board member and council leader of the Truck Rental and Leasing Association (TRALA). He has received a lifetime achievement award from the American Trucking Associations.

About Celadon Group:

Founded in 1985, Celadon Group Inc. (www.celadongroup.com) is a truckload carrier headquartered in Indianapolis that operates in the U.S., Canada and Mexico. Celadon also owns TruckersB2B Inc. (www.truckersb2b.com) which provides cost savings to about 20,000 member fleets.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Jul 3, 2006
Words:314
Previous Article:QI Systems Announces Change in Ticker Symbol to 'QIII'; The Company Announces Domicile Change to a Delaware Corporation.
Next Article:Correction - Fitch Rates Colorado's $145MM Education Loan Tax & Rev. Antic. Notes 'F1+'.
Topics:


Related Articles
Celadon Group Names Bob Helms President & CEO of TruckersCo-op.com; More Than 75,000 Member Trucks Now Enrolled.
Celadon Group Announces Fiscal Third Quarter and Nine Months Results.
Celadon Group Names John D. Kines to the Board of Directors.
Celadon Group, Inc. Adopts Stockholder Rights Plan.
Celadon Group, Inc. Adopts Stockholder Rights Plan.
Celadon's TruckersB2B Subsidiary Reports Usage Data More than 4,200 Companies Representing Approximately 175,000 Trucks Now Enrolled.
Celadon's TruckersB2B Subsidiary Reports July Fuel Usage Data.
Celadon Authorizes Share Repurchase Program.
Celadon Authorizes Additional Share Repurchase Program.
Celadon Group Announces 3-for-2 Stock Split.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters