J.B. Hunt Announces Leadership Changes

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LOWELL, Ark.–(BUSINESS WIRE)–
J.B. Hunt Transport Providers, Inc., (NASDAQ: JBHT) (“JBHT” and the “Firm”) at this time introduced the next modifications to the manager management of its subsidiary J.B. Hunt Transport, Inc.:

John Kuhlow has been named as chief monetary officer
Nick Hobbs, persevering with his duties as president of contract providers (Devoted Contract Providers & Remaining Mile Providers), has been named chief working officer
Shelley Simpson, persevering with her duties as chief industrial officer will add to her obligations: worldwide providers, company advertising and marketing and has additionally been named government vp of individuals and human sources
Craig Harper has been named chief sustainability officer
Brad Hicks has been named president of freeway providers

“To begin with, I wish to thank John Kuhlow for his affected person and competent service as our interim CFO through the previous a number of months. Because the pandemic offered itself, we have been confronted with challenges in performing an acceptable exterior search to facilitate an efficient and thorough course of. John’s reliability has allowed us the time to reach at a whole and absolutely vetted determination for this essential place. We’re very happy to announce John’s appointment as our subsequent CFO and have nice confidence in our path ahead.

“Through the previous eight months, we now have not solely been coping with our response to the challenges offered by COVID-19, we now have additionally been shifting ahead with essential management choices. These modifications finest tackle the alternatives we see in lots of areas of the corporate and we imagine set us as much as head into 2021 and the long run with the fitting individuals centered on the fitting issues,” mentioned John N. Roberts, president and CEO.

John Kuhlow has been appointed government vp and chief monetary officer. He has served as interim CFO since March 1, 2020 upon the retirement of David Mee. Previous to that, he was senior vp of finance, controller and chief accounting officer and joined the corporate in 2006 as assistant controller.

Nick Hobbs, persevering with as government vp and president of DCS and FMS (newly titled president of contract providers), has been appointed chief working officer. On this expanded position, Nick will add duty for upkeep and tools buying groups. He may even have elevated oversight for asset operations throughout all divisions of the corporate. The J.B. Hunt 360°® platform is predicted to be a key element of operational excellence underneath Nick’s management.

Shelley Simpson, persevering with as government vp and chief industrial officer, will choose up duty for worldwide providers, company advertising and marketing and can add to her title the newly created position of government vp, individuals and human sources. Mark Greenway, senior vp of human sources, and his crew will now report back to Shelley.

As provide chain integration necessities for shippers evolve, an much more complete logistics strategy underneath Shelley’s management is essential to the corporate’s strategic future. J.B. Hunt 360 is predicted to proceed to play a key position in enhancing the worth the corporate presents to its prospects and carriers throughout all providers. All segments will proceed to work intently with Shelley’s enterprise gross sales and advertising and marketing groups on buyer improvement and financial methods, notably in Built-in Capability Options, Truckload and Intermodal, as she maintains her accountability for the P&L efficiency within the progress and margin of those segments.

Craig Harper has been named to the corporate’s newly created government vp position of chief sustainability officer to guide the corporate’s essential give attention to sustainability initiatives, together with enhancements in environmental actions. This may embody overseeing new developments in tools applied sciences similar to electrical automobiles and autonomous driving, amongst different rising ideas. He’ll proceed to guide driver hiring, orientation and security packages, in addition to gas buying for the corporate.

Brad Hicks, government vp, has been named president of freeway providers, which is comprised of ICS and Truckload segments. Brad has 24 years of expertise with the corporate, primarily within the DCS phase, and most just lately served as government vp of DCS. This new alignment is a key strategic funding and can deliver collectively Brad and Eric McGee, government vp of freeway providers, to additional increase choices on this essential and rising a part of the corporate.

These newly appointed positions might be efficient December 1 and can report on to John Roberts, chief government officer of the corporate.

About J.B. Hunt

J.B. Hunt Transport Providers, Inc., an S&P 500 firm, supplies modern provide chain options for quite a lot of prospects all through North America. Using an built-in, multimodal strategy, the corporate applies technology-driven strategies to create the most effective resolution for every buyer, including effectivity, flexibility, and worth to their operations. J.B. Hunt providers embody intermodal, devoted, refrigerated, truckload, less-than-truckload, flatbed, single supply, last mile, and extra. J.B. Hunt Transport Providers, Inc. inventory trades on NASDAQ underneath the ticker image JBHT and is a element of the Dow Jones Transportation Common. J.B. Hunt Transport, Inc. is a completely owned subsidiary of JBHT. For extra info, go to www.jbhunt.com.

This press launch might comprise forward-looking statements, that are based mostly on info at present out there. Precise outcomes might differ materially from these at present anticipated attributable to a lot of elements, together with, however not restricted to, these mentioned in Merchandise 1A of our Annual Report on Kind 10-Okay for the yr ended December 31, 2019 and our Quarterly Report on Kind 10-Q for the interval ended September 30, 2020. We assume no obligation to replace any forward-looking assertion to the extent we turn into conscious that it’s going to not be achieved for any motive. This press launch and extra info might be out there instantly to events on our website, www.jbhunt.com.