Business News

Con-way Inc. Announces Senior Management Changes

2008-08-14 15:00:00

  Kevin C. Schick Named Vice President, Operational Accounting; Stephen L.

Bruffett Joins Company as Senior Vice President and Chief Financial Officer

    SAN MATEO, Calif., Aug. 14 /EMWNews/ -- Con-way Inc.

(NYSE: CNW) announced today the following changes for its corporate finance

and accounting organization.


    Kevin C. Schick has been named to the new position of Vice President,

Operational Accounting. In his new role, Mr. Schick becomes responsible for

directing corporate financial reporting, business unit accounting and

regulatory financial compliance activities. He had been the company's

senior vice president and chief financial officer.

    "Kevin Schick's contributions over more than 25 years as an executive

have been instrumental to the success and financial integrity of the

Con-way organization," said Douglas W. Stotlar, Con-way's President and

CEO. "His insights and continued leadership in this new role will

strengthen our corporate governance and compliance practices, and our

management of the increasingly complex financial reporting responsibilities

we face in today's regulatory environment."

    Joining Con-way as its new senior vice president and chief financial

officer is Stephen L. Bruffett. A 16-year veteran of the freight

transportation industry, Mr. Bruffett comes from YRC Worldwide, a national

trucking concern, where he was chief financial officer since late 2007.

    "Stephen Bruffett is a seasoned transportation executive whose business

career has spanned leadership roles in finance, treasury, tax, mergers and

acquisitions, field operations, sales and marketing and financial planning

and analysis," said Stotlar. "He is highly respected in the financial

community and holds a well-earned reputation as a skilled manager with

broad knowledge and expertise in our industry."

    A graduate of the University of Arkansas, Mr. Bruffett earned his

bachelor's degree in finance and banking in 1986. After working as a stock

broker in Dallas, he returned to school, earning his MBA from the

University of Texas in 1990. He started his trucking industry career in

1992 as director of Finance for American Freightways in his hometown of

Harrison, Arkansas. Six years later Mr. Bruffett was recruited into the YRC

organization as director of financial planning and analysis for the

then-Yellow Freight unit. Over the next 10 years he subsequently advanced

through a series of increasingly responsible positions at Yellow, its

sister companies and the parent company before being named YRC Worldwide's

CFO last year.

    Mr. Schick joined Con-way in 1983 as controller and a member of the

start-up team for the former Con-way Central Express, one of Con-way's

original regional less-than-truckload carriers. He was named vice president

and controller of Con-way Transportation Services, Inc. (CTS), now known as

Con-way Freight, in 1989, and became Con-way Inc.'s chief financial officer

in 2005. He has more than 30 years of financial experience and is a

certified public accountant. Prior to joining Con-way, Mr. Schick spent

five years with Wabash National Corporation, a trailer manufacturing

concern, as its assistant controller. He previously worked in financial

planning and analysis positions for Motorola Corporation. A native of

Chicago, Ill., Mr. Schick holds a bachelor's degree from Marquette

University and an MBA from Northwestern University.

    Con-way Inc. (NYSE: CNW) is a $4.7 billion freight transportation and

logistics services company headquartered in San Mateo, Calif. A diversified

transportation company, Con-way delivers industry-leading services through

three primary operating companies: Con-way Freight, Con-way Truckload and

Menlo Worldwide Logistics. These operating units provide high-performance,

day-definite less-than-truckload and full truckload and multimodal freight

transportation, as well as logistics, warehousing and supply chain

management services, and trailer manufacturing. Con-way Inc. and its

subsidiaries operate from more than 500 locations across North America and

in 20 countries. For more information about Con-way, visit us on the Web at

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