STG Logistics Appoints Paul Svindland as CEO

STG Logistics ("STG" or the "Company"), a leading provider of specialty 3PL services critical to the global supply chain and a portfolio company of Wind Point Partners, is pleased to announce that its Board of Directors has appointed Paul Svindland to serve as the Company's Chief Executive Officer. Greg Muldoon, STG Chairman and Interim CEO, will continue to serve as the Company's Chairman.

Paul Svindland has spent his entire 25-year career in the transportation and logistics industry as an executive, board member, operational leader, and consultant. He has extensive experience in a variety of transportation modes, including ocean and air logistics, freight forwarding, intermodal, over-the-road trucking, and various 3PL services. Paul's prior leadership roles have ranged from managing turnaround situations, as with Celadon Group, to leading well-capitalized, growth-oriented private equity platforms like STG Logistics.

Konrad Salaber, Managing Director at Wind Point, commented, "We have known Paul for some time and have a strong appreciation for his style of leadership as well as his broad experience in the logistics industry. Paul has a strong track record of building vibrant corporate cultures, positioning companies for growth, and driving continued performance improvement. These experiences will prove invaluable as he leads STG into its next phase of organic and inorganic expansion."

"I am thrilled to join STG and look forward to leading such a dynamic and well-positioned business," commented Svindland. "STG provides a wide range of critical supply chain services to the import/export market and we have a great opportunity to build upon the Company's existing growth momentum. I look forward to working with the broader STG team to expand our leading 3PL platform."

Paul most recently served as CEO of Celadon Group, one of North America's largest asset-based truckload carriers. Prior to Celadon, Paul was CEO of Farren International, a leading, private-equity backed flatbed trucking company. Prior to Farren, Paul served as the COO of Pacer International, a leading provider of intermodal services. Previously, Paul co-founded and co-led the Transportation and Logistics consulting practice at AlixPartners, which he helped grow into an industry leader focused on helping client companies achieve their top line and profit objectives. Paul spent his early career with Maersk, one of the world's largest ocean shipping lines. Paul serves on the boards of two private equity-backed companies, BDP International and Stella Environmental.

Greg Muldoon, Chairman and outgoing Interim CEO of STG, stated, "We are extremely excited for Paul to join the STG team. His broad experience across ocean, air, and truckload transportation will provide him with a strong background to strengthen STG's relationships with both customers and suppliers. We look forward to STG's continued growth with Paul leading the organization."

About STG Logistics

STG is a leading asset-light provider of complex and highly customized logistics and transportation services focused on the global supply chain. The company's comprehensive suite of services includes value-added contract services and specialized warehousing including container freight management, inventory management, distribution, and e-commerce fulfillment as well as multi-modal ground transportation. With a network of over 30 multi-purpose technology-enabled facilities, 50 partner locations, and numerous transportation partners, STG provides its customers with one of the most expansive import/export solutions in North America. STG operates U.S. Customs Bonded, TSA certified, and International Free-Trade Zone facilities.

Additional information about STG Logistics is available at www.stgusa.com.