News From Law.com
Thomas Schmitt is out as chairman, president and CEO of ground transport company Forward Air, having bet big and lost on an acquisition he thought would position his Greeneville, Tennessee-based company for long-term success but that rankled shareholders. Longtime chief legal officer Michael Hance has stepped in as CEO while the board, searches for Schmitt's permanent replacement.
Transportation & Logistics
February 07, 2024, 2:56 PM