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Subject: Personnel

Littlejohn & Co. Adds Transportation and Logistics Expert Farrukh Bezar as Operating Advisor


Littlejohn & Co., LLC ("Littlejohn"), a private investment firm based in Greenwich, CT, today announced that Farrukh Bezar has joined the firm as an Operating Advisor. Mr. Bezar brings more than 25 years of transportation and logistics industry expertise as a strategist and analyst, most recently serving as the Senior Vice President and Chief Strategy Officer at CSX Corporation, responsible for leading the company's strategic growth initiatives.

In this role, Mr. Bezar will work closely with Littlejohn's transportation and logistics team to identify attractive investment opportunities and support our logistics portfolio companies as they refine their go-to-market strategies, drive growth, and improve profitability.

"Transportation and logistics are a vital part of our economy, and we are thrilled to add an operating executive of Farrukh's caliber to our team as we further our investment and value creation capabilities," said Brian Ramsay, President at Littlejohn. "We are confident Farrukh's extensive transportation and logistics industry knowledge, relationships, and leadership skills will be highly valuable to Littlejohn and a tremendous resource to our portfolio companies."

Prior to joining CSX in May 2019, Mr. Bezar founded and led Lynwood Partners, a transportation and logistics advisory firm. His previous experience includes senior leadership roles within the transportation and logistics functions at Clarendon, Booz Allen Hamilton, and A.T. Kearney. He also previously held sales and marketing positions at the CSX, Atchison, Topeka, and Santa Fe Railway Company and served as a financial analyst with Chase Manhattan Bank.

Mr. Bezar holds an MBA from the J.L. Kellogg Graduate School of Management at Northwestern University and a BA also from Northwestern. He currently serves on the boards of Littlejohn portfolio company, Magnate Worldwide, as well as STG and the Northwestern Transportation Advisory Board.

About Littlejohn & Co., LLC:

Littlejohn & Co. is a Greenwich, Connecticut-based investment firm focused on private equity and debt investments primarily in growing middle-market industrial and services companies that can benefit from Littlejohn's 25+ years of operational and sector expertise. With approximately $8 billion in regulatory assets under management, the firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change. For more information about Littlejohn, visit www.littlejohnllc.com.



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