Company Also Hires John-Thomas “JT” Young as VP – Risk Management & Assistant General Counsel
INDIANAPOLIS, Oct. 18, 2017 — Celadon Group, Inc. (“Celadon” or the “Company”) (NYSE: CGI) today announced the promotion of Chase Welsh to Executive Vice President – Risk Management and General Counsel. In addition, he will serve as Secretary of the Celadon Board of Directors. Mr. Welsh previously served as Vice President – Risk Management.
“As we continue our transition back to being a top tier trucking company, it’s important that we have the right talent in the right role. Chase has a keen insight into our legal needs and has been a strong partner with our business units,” said Paul Svindland, Chief Executive Officer and Director. “In the time Chase has been here, he has become invaluable to our company and I am pleased that he will serve as our general counsel for years to come. As we make this transition, I would like to recognize former General Counsel, Ken Core’s 17 years of service at Celadon. Ken was with us through much of the Company’s rapid growth and we wish him the best in a well-deserved retirement.”
The company also announced the hiring of John-Thomas “JT” Young as Vice President-Risk Management and Assistant General Counsel. Mr. Young graduated with a Juris Doctor degree from the Indiana University Robert H. McKinney School of Law in 2012. Young has been employed at Scopelitis, Garvin, Light, Hansen & Feary, a law firm based in Indianapolis that serves the legal and business needs of the transportation industry.
“JT brings significant trucking and transportation experience, as well as general legal support to Celadon,” commented Svindland. “We’re excited to have him join the Celadon team and look forward to utilizing the breadth and depth of his knowledge.”
Celadon Group, Inc. (www.celadongroup.com), through its subsidiaries, provides long haul, regional, local, dedicated, intermodal, temperature-protect, and expedited freight service across the United States, Canada, and Mexico. The Company also owns Celadon Logistics Services, which provides freight brokerage services, freight management, as well as supply chain management solutions, including logistics, warehousing, and distribution.
This press release contains certain statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. Such statements may be identified by their use of terms or phrases, including “expects,” “expected,” “will,” “would be,” “intends,” “believes,” and similar terms and phrases. Forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. In this press release, statements relating to the Company’s transition back to being a top tier trucking company, among others, are forward-looking statements. Actual results may differ from those set forth in the forward-looking statements. Readers should review and consider factors that could impact results as provided in various disclosures by the Company in its press releases, stockholder reports, and filings with the Securities and Exchange Commission.