TFI International Announces Chief Financial Officer Succession Plan
– David Saperstein to become TFI’s next CFO –
Montreal, Quebec, November 5, 2018 – TFI International Inc. (TSX: TFII, OTCQX: TFIFF), a North American leader in the transportation and logistics industry, today announced that David Saperstein, Vice President, Mergers & Acquisitions, will be promoted to Chief Financial Officer, effective January 1, 2019. As previously announced, Greg Rumble will be retiring from his CFO role.
Mr. Saperstein joined TFI 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, and 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,” stated Alain Bédard, Chairman, President and Chief Executive Officer of TFI. “Over the past two years, while leading our very active M&A 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.”
Mr. Bédard continued, “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.”