Batteh Named Saia’s Chief Financial Officer
Saia has announced the promotion of Matthew Batteh to Executive Vice President, Chief Financial Officer, and Secretary, effective immediately.
Batteh, who has been with Saia since 2015, will oversee finance, pricing, accounting, and treasury functions.
He previously served as Vice President of Finance and has extensive experience in the less-than-truckload (LTL) industry.
Former CFO Douglas Col will remain to assist during the transition period.
Saia operates 198 terminals across 46 states and employs 14,000 people.
- Promotion of an experienced internal candidate to CFO, showing strong leadership continuity.
- Batteh's extensive internal experience suggests a deep understanding of Saia's operations and strategic goals.
- Batteh has been instrumental in developing core financial analysis processes.
- Saia’s operational scope includes 198 terminals across 46 states, indicating robust infrastructure.
- The company employs 14,000 people, highlighting considerable organizational size.
- Transition period with former CFO Douglas Col may result in temporary uncertainty.
- No immediate financial performance improvements or projections were announced.
JOHNS CREEK, Ga., May 14, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today announced that Matthew Batteh has been promoted to Executive Vice President and Chief Financial Officer and Secretary, effective immediately. In this position, he will lead Saia’s finance, pricing, accounting and treasury functions and will work with other key members of Saia’s management team to execute Saia’s long-term vision.
“Matt brings significant knowledge of Saia and the LTL industry to his new position,” said Frederick Holzgrefe, President and Chief Executive Officer. “He has a command of the complexities of our business and has been instrumental in the development of the core financial analysis processes that we use at Saia. Matt is a proven leader in our organization,” said Holzgrefe.
Mr. Batteh has been with Saia since 2015, most recently serving as Vice President of Finance since 2023. Prior to that, he served as Saia’s Vice President, Pricing and Analytics from 2020 to 2023 after serving in a variety of pricing and financial analysis roles. Before joining Saia, Mr. Batteh started his career at a large transportation and logistics provider in planning, pricing and operations roles. He holds a Bachelor of Science degree in Finance from Auburn University and a Master of Business Administration degree from Emory University.
Douglas Col, Saia’s Chief Financial Officer since January of 2020, will remain with Saia to assist in the transition.
Saia Inc. (NASDAQ: SAIA) offers customers a wide range of less-than-truckload, non-asset truckload, expedited and logistics services. With headquarters in Johns Creek, Georgia, Saia LTL Freight operates 198 terminals with service across 46 states and employs 14,000 people. For more information on Saia, Inc. visit the Investor Relations section at www.saia.com/about-us/investor-relations.
| CONTACT: | Saia, Inc. |
| Attn: Investor Relations | |
| 11465 Johns Creek Parkway, Suite 400 | |
| Johns Creek, GA 30097 | |
| 678-542-3910 | |
| Investors@saia.com |
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