Transplace, a leading provider of transportation management services and logistics technology, today announced the appointment of Tony Cossentino as chief financial officer (CFO). Cossentino will oversee the company’s financial management and will report directly to Transplace CEO Tom Sanderson.
“Tony’s well-established reputation for strategic planning and his broad experience with global accounting, finance and business operations make him an ideal fit for Transplace,” said Sanderson. “As part of our continued growth and advancement, it is important to have dynamic leaders who are able to direct and cultivate our internal financial planning and business strategy. Tony brings the extensive experience and vision that Transplace needs as we continue to grow and expand our business.”
With over 20 years of financial experience, Cossentino is a Certified Public Accountant who has worked with both publicly-traded and private equity backed companies. He has served as chief financial officer at several logistics companies, including AmeriCold Logistics, Arnold Logistics, and most recently, Environmental Logistics Services. He also has comprehensive experience working with executive management to develop and implement business strategies that enable corporate objectives.
Cossentino replaced Steve Crowther, who joined Transplace in 2007 and helped guide the company through management-led private equity deals with CI Capital Partners and Greenbriar Equity Group, as well as strategic acquisitions of SCO Logistics, Torus Freight Systems and partnership with Celtic International. Chairman of Transplace and Advisory Director for Greenbriar John Anderson added: “Steve was instrumental in building Transplace into a strong, stable company that is well positioned for continued growth. He created a solid foundation for Tony to bring in his deep experience and knowledge to help Transplace continue to grow and be successful both now and into the future.”
“I am honored and excited to join an industry leading company such as Transplace,” said Cossentino. “It has a strong reputation as a trusted strategic partner to its customers as well as a technology innovator, and I’m proud to be working at an organization that is committed to operational excellence and delivering the highest level of service to its customers. I look forward to contributing to its growth and driving advancement in both its business strategy and corporate objectives.”
Transplace is a non-asset, North America-based third party logistics (3PL) provider offering manufacturers, retailers, chemical and consumer packaged goods companies the optimal blend of logistics technology and transportation management services. From complete logistics management outsourcing to SaaS transportation management system (TMS) and supply chain network planning and design to high-quality brokerage services, Transplace has proven the ability to deliver both rapid return on investment and consistent value to customers. The company is recognized among the elite global 3PLs by a customer base that includes many of the largest shippers in the world. To learn more about Transplace, please visit devwww.transplace.com.
Follow the company on Twitter, Facebook, Logistically Speaking Blog and the Transplace Blog: