Transplace Names Chris Nester as Chief Financial Officer
Leading Logistics and Technology Provider Hires Veteran Business Executive to Lead Financial Operations and Enhance Strategic Planning
May 8, 2018 (Dallas, TX) - Transplace, a leading provider of transportation management services and logistics technology solutions, today announced the appointment of Chris Nester as chief financial officer (CFO). Nester will oversee the company's financial operations and report directly to CEO Frank McGuigan.
"It is an exciting time for Transplace, and we are thrilled to have Chris join our leadership team to help further grow the business and positively impact our customers' bottom lines," said McGuigan. "Chris is a passionate leader with an outstanding reputation, and his combination of deep financial market expertise and business acumen in the technology sector makes him a perfect fit for Transplace."
With 18 years of financial experience, Nester was most recently the senior vice president and treasurer of Sabre. He was responsible for all financial aspects of the company's business units, including financial planning and analysis and commercial deal support, and partnered with corporate groups on mergers and acquisitions and investor relations. Nester was instrumental in many large strategic initiatives during his time at Sabre including helping to take the organization private in 2007, assisting with the strategic and economic divestitures of Travelocity and Lastminute.com and the planning and execution of Sabre's April 2014 initial public offering.
"The continued growth of ecommerce and development of advanced technologies impacting every area of the supply chain has created tremendous opportunities for logistics companies and shippers," said Nester. "I look forward to helping Transplace continue growing and build upon the business objectives and corporate strategies that are already in place in order to best serve the continually expanding needs of our customers."
Transplace is the leading provider of transportation management services and logistics technology, helping manufacturers, retailers and distributors optimize supply chain operations and increase financial performance. Offering a complete suite of transportation management, strategic capacity, and cross-border & global trade services, Transplace's customizable logistics solutions and best-in-class technology gives businesses greater control of their transportation operations and enhanced visibility of shipments and overall supply chain performance. With deep expertise in key vertical markets, including consumer packaged goods, manufacturing, retail and chemicals, Transplace works to strategically design and manage customer networks in the most efficient, cost-effective manner. As North America's largest transportation management provider, Transplace leverages its entire network to solve large-scale, complex supply chain problems for its customers. From small-to-medium businesses to global brands, Transplace delivers the optimal blend of actionable business intelligence and operational excellence you need to manage your supply chain with certainty. Learn more at www.transplace.com.
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