Con-way makes senior management changes; YRC names interim CFO

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Con-way Inc. on Thursday, Aug. 14, announced two changes for its corporate finance and accounting organization:

  • Kevin Schick has been named to the new position of vice president of operational accounting. Schick becomes responsible for directing corporate financial reporting, business unit accounting and regulatory financial compliance activities. He had been the company’s senior vice president and chief financial officer.
  • “Kevin Schick’s contributions over more than 25 years as an executive have been instrumental to the success and financial integrity of the Con-way organization,” said Douglas Stotlar, president and chief executive officer of San Mateo, Calif.-based Con-way. “His insights and continued leadership in this new role will strengthen our corporate governance and compliance practices, and our management of the increasingly complex financial reporting responsibilities we face in today’s regulatory environment.”

  • Joining Con-way as its new senior vice president and CFO is Stephen Bruffett. A 16-year veteran of the freight transportation industry, Bruffett comes from YRC Worldwide, where he was CFO since late 2007.
  • “Stephen Bruffett is a seasoned transportation executive whose business career has spanned leadership roles in finance, treasury, tax, mergers and acquisitions, field operations, sales and marketing and financial planning and analysis,” Stotlar said. “He is highly respected in the financial community and holds a well-earned reputation as a skilled manager with broad knowledge and expertise in our industry.”

    YRC appoints Liljegren interim CFO

    Also on Thursday, Aug. 14, YRC Worldwide announced the appointment of Paul Liljegren as its interim CFO, replacing Bruffett effective immediately. Liljegren — who currently serves as vice president, corporate controller and chief accounting officer — will continue in those roles while he serves as interim CFO.

    “As the executive responsible for overseeing our accounting practices and his previous experience in treasury, audit and other financial functions, Paul is well-versed in all of the aspects of our business, and we fully expect that he will easily and seamlessly fill in as our interim CFO,” said William Zollars, chairman of the board, president and CEO of Overland Park, Kan.-based YRC Worldwide. “We have already begun to identify and evaluate internal and external search candidates to replace Steve.”

    Liljegren joined YRC Worldwide in 2004 as vice president of risk and assurance. He was appointed to his current positions with the company in 2005.

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