Suggs Replaces Greer at Greatwide

Suggs Replaces Greer at Greatwide

Greatwide Logistics Services Chairman Leo Suggs replaced Raymond B. Greer as CEO of the third-party truck brokerage and logistics firm.

Greer, who became CEO of Greatwide in 2005, resigned, effective Feb. 2. John Simone will continue as president and chief operating officer.

Greatwide, a $1 billion company, was acquired last year by private investment firm Centerbridge Partners. That acquisition included a restructuring of the Dallas-based company and its debt.

Former UPS Freight President Suggs became chairman after the acquisition. Suggs had been the long-time CEO of Overnite Transportation, which he took public in 2003 before selling the company to UPS in 2005. Before that, he worked at Preston Trucking, Yellow Freight and Ryder/P-I-E.

Greer's long career in transportation and logistics included top management jobs at Newgistics and Ryder Integrated Logistics.

Since 2005, "Ray Greer has worked diligently to grow the company, build a strong management team and guide operations through an ownership change and challenging economy," said Suggs.

"Greatwide will continue to focus on service, growth, yield, cost control and safety as it meets the needs of its customers," he said.

Contact William B. Cassidy at wcassidy@joc.com.