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Forward Announces New Chief Financial Officer

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Forward Air Corporation (NASDAQ: FWRD) is advancing its growth strategy through both organic and inorganic investments, notably in LTL network expansion and acquisitions. The company announced the appointment of Rebecca Garbrick as Chief Financial Officer, effective July 4, 2021, who previously held significant roles including Vice President and Controller. CEO Tom Schmitt praised her leadership capabilities, emphasizing her impact on investor relations and strategic growth goals. Forward specializes in asset-light freight and logistics, operating around 200 facilities and employing over 5,200 people across the U.S. and Canada.

Positive
  • Appointment of Rebecca Garbrick as CFO expected to enhance investor relations and strategic growth.
  • Strengthened accounting platform under Garbrick to support future growth.
  • Company executing a growth strategy through LTL network and acquisitions.
Negative
  • None.

Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced that Rebecca Garbrick has been named Chief Financial Officer and Treasurer of the Company, effective July 4, 2021.

Ms. Garbrick joined Forward in November 2020 as Vice President and Controller before assuming the role of Chief Accounting Officer in March 2021, strengthening Forward’s accounting platform to accommodate future growth.

Tom Schmitt, Chairman, President and CEO said, “Rebecca has contributed a tremendous amount to our Company in a relatively short time. She is a very capable leader, who will drive our investor relations efforts and help inform our Company’s strategic growth goals. She will be a welcome addition to our Executive Leadership Team.”

About Forward Air Corporation

Forward Air Corporation (NASDAQ: FWRD) is a leading asset-light freight and logistics company. We provide LTL, final mile, truckload and intermodal drayage services across the United States and in Canada. Headquartered in Greeneville, Tennessee, Forward operates approximately 200 facilities across the country and employs more than 5,200 people nationwide. We are more than a transportation company. As a single resource for your shipping needs, Forward is your supply chain partner. For more information, visit our website at www.forwardaircorp.com.

FAQ

Who is the new Chief Financial Officer of Forward Air Corporation?

Rebecca Garbrick has been appointed as the Chief Financial Officer and Treasurer of Forward Air Corporation, effective July 4, 2021.

What is the strategy Forward Air Corporation is implementing?

Forward Air Corporation is executing a growth strategy that includes organic infrastructure investments and acquisitions.

How many people does Forward Air Corporation employ?

Forward Air Corporation employs more than 5,200 people across the United States and Canada.

What services does Forward Air Corporation provide?

Forward Air Corporation offers LTL, final mile, truckload, and intermodal drayage services.

Forward Air Corp

NASDAQ:FWRD

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950.06M
20.83M
1.68%
115.12%
15.88%
Integrated Freight & Logistics
Arrangement of Transportation of Freight & Cargo
Link
United States of America
GREENEVILLE