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Pacer Announces Appointment of Experienced Executive Dennis Chantland to Board of Directors

Dépèche transmise le 2 juin 2009 par Business Wire

Pacer Announces Appointment of Experienced Executive Dennis Chantland to Board of Directors

CONCORD, Calif.--(BUSINESS WIRE)--Pacer International, Inc. (NASDAQ: PACR), a leading North American freight transportation and logistics services provider, has announced the appointment of Dennis Chantland to the board of directors, effective June 1, 2009. Chantland’s career includes working in various senior executive roles with Fortune 500 companies.

“Dennis’ four decades of shipper experience, as well as his strong operational management and financial background, will be a tremendous asset to Pacer as we move forward during this very challenging year. His experience working for top retail, distribution, and manufacturing firms during his career will serve Pacer and our investors well as we focus on our key strategic initiatives,” said Michael E. Uremovich, Pacer’s chairman and CEO.

“Pacer’s strong position in intermodal transportation and supporting logistics services led me to accept the invitation to join the board. I look forward to applying my business and financial experience to help Pacer meet its strategic goals,” said Mr. Chantland.

Since starting his career at U.S. Steel Corporation, Mr. Chantland held senior executive positions in several divisions of Target Corporation, formerly Dayton Hudson Corporation, over a period of 17 years. He retired from Williams Sonoma Corporation in 1999. Since 2000, he has worked as an independent consultant providing financial, administrative, and operating management expertise to a variety of companies.

He has an MBA in Finance from College of St. Thomas and has served on the boards of the Arthritis Foundation of Boston and San Francisco, Skaggs Retail Institute at Brigham Young University, and Prophet Brand Strategy, a San Francisco based consulting firm.

ABOUT PACER INTERNATIONAL (www.pacer.com)

Pacer International is a leading asset-light North American freight transportation and third-party logistics provider, and through its intermodal and logistics operating segments, offers a broad array of services to facilitate the movement of freight from origin to destination. The intermodal segment offers wholesale services provided by Pacer Stacktrain (cost-efficient, two-tiered rail transportation for containerized shipments) and Pacer Cartage (local trucking), as well as retail services through its Rail Brokerage unit (intermodal marketing). The logistics segment provides retail truck brokerage, trucking, warehousing and distribution, international freight forwarding, and supply-chain management services. Pacer International is headquartered in Concord, California. Its intermodal and logistics operating segments are headquartered in Concord, California, and in Dublin, Ohio, respectively.