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
http://www.con-way.com.
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