Saia Announces Upcoming Retirement of CFO Douglas Col

Rhea-AI Summary

Saia, Inc. announces the upcoming retirement of CFO Douglas Col after 10 years at the company, including the last four years as Chief Financial Officer. The company praises Col's contributions and leadership during a period of growth and success. Col will remain as CFO until a successor is announced and will stay on as an advisor through year-end for a smooth transition.

JOHNS CREEK, Ga., April 26, 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 Douglas Col, Executive Vice President and Chief Financial Officer, plans to retire after 10 years at the Company, including the last four years as Chief Financial Officer.

“Doug and I both joined Saia in 2014 and we have worked closely together since day one,” said Frederick Holzgrefe, Saia’s President and Chief Executive Officer. “Doug’s diverse background in the transportation space and the perspective he has brought to our organization have been integral in shaping Saia’s emergence as a leading company in the less-than-truckload industry.”

Saia’s Chairman of the Board, Richard O’Dell added, “Doug has been instrumental in leading us through a tremendous period of growth and success at Saia and on behalf of the Saia Board of Directors, I wish Doug much success and prosperity as he moves into the next phase. We also sincerely appreciate Doug’s support through the transition to his successor.”

“It has been an honor and privilege to be part of the Saia team,” stated Douglas Col. “It has been a blessing to be witness to the progress made in our organization over the past 10 years and to work alongside so many talented people. The investments made over the past decade in people, real estate, equipment and technology support a clear strategy, and I look forward to seeing many years of success ahead for Saia, from the sideline!”

Mr. Col will remain as Executive Vice President and Chief Financial Officer until the Company announces a successor, and he has committed to stay on as an advisor through year-end to ensure a smooth transition.

Saia, Inc. (NASDAQ: SAIA) offers customers a wide range of less-than-truckload, non-asset truckload, expedited and logistics services. With headquarters in Georgia, Saia LTL Freight operates 198 terminals with service across 46 states. 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

FAQ

When did Saia announce the retirement of CFO Douglas Col?

Saia announced the retirement of CFO Douglas Col on April 26, 2024.

How long has Douglas Col been with Saia, Inc.?

Douglas Col has been with Saia, Inc. for 10 years.

What position did Douglas Col hold at Saia, Inc.?

Douglas Col held the position of Executive Vice President and Chief Financial Officer at Saia, Inc.

What role did Douglas Col play in Saia's success?

Douglas Col played an instrumental role in leading Saia through a period of growth and success.

Where can I find more information about Saia, Inc.?

For more information on Saia, Inc., visit the Investor Relations section on their website.