09:09:40 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



TFI International Inc
Symbol TFII
Shares Issued 87,969,542
Close 2018-11-05 C$ 44.41
Market Cap C$ 3,906,727,360
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TFI International names Saperstein as succeeding CFO

2018-11-05 16:21 ET - News Release

Mr. Alain Bedard reports

TFI INTERNATIONAL ANNOUNCES CHIEF FINANCIAL OFFICER SUCCESSION PLAN

TFI International Inc. will promote David Saperstein, the company's vice-president of mergers and acquisitions, as chief financial officer, effective Jan. 1, 2019. As previously announced, Greg Rumble will be retiring from his chief financial officer role.

Mr. Saperstein joined TFI International in 2016 after spending 15 years in investment banking at several firms in the United States and Europe, including Goldman Sachs. He holds a masters in business administration from the Wharton School at the University of Pennsylvania as well as a bachelor of arts degree, with majors in economics and international relations, from Stanford University.

"As part of our executive succession planning efforts, we are extremely pleased to have David seamlessly step into this important role," commented Alain Bedard, chairman, president and chief executive officer of TFI International. "Over the past two years, while leading our very active M&A [mergers and acquisitions] program, David has been integrally involved with Greg and his finance team. In addition, David brings capital markets expertise and a superb financial background, and is already well known by the investment community. We expect a seamless transition as we continue to grow our business.

"As I mentioned upon announcing Greg's retirement, we've been incredibly fortunate to benefit from his industry knowledge and all that he has brought to TFI and the CFO role on a daily basis. I look forward to working with Greg as he transitions toward his well-deserved retirement after such a long and successful career."

About TFI International Inc.

TFI International is a North American leader in the transportation and logistics industry, operating across the United States, Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing an expanding network of wholly owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency.

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