FOR IMMEDIATE RELEASE
Des Moines, Iowa, March 12, 2009 – JHCI Holdings, Inc., parent of the Jacobson Companies, announced today that Brian Lutt has been named President and Chief Executive Officer. Mr. Lutt will come to Jacobson from Neptune Orient Lines, Ltd. (“NOL”), where he was President of APL Logistics. He succeeds Craig Petermeier, who is retiring.
Denis Nayden, Chairman of the Board of Directors, said, “Brian has a proven track record of strong leadership and building successful businesses. We are extremely pleased to have Brian on board and are confident that the combination of Brian’s broad-based international logistics and transportation experience, together with Jacobson’s strong existing management team, will greatly enhance Jacobson’s franchise and leading position in the logistics industry. At the same time, we thank Mr. Petermeier for his many years of service and recognize his many important contributions to the company.”
Mr. Lutt was appointed APL’s President of Logistics in October 2005 and was responsible for the commercial, financial and operational activities of the NOL Group’s logistics business globally. He joined APL in 1983 and has held a range of senior management positions in the United States and Asia. He holds a Bachelor’s degree in International Relations/Political Economics from San Francisco State University.
About Jacobson Companies
Founded in 1968, Jacobson Companies is a leading national third-party logistics (“3PL”) company, providing value-added warehousing, packaging, contract manufacturing, staffing, contract logistics and associated freight management and transportation services. As of today, Jacobson has more than 30 million square feet of warehouse space in 27 states across the United States with approximately 6,000 employees. Jacobson maintains a website at http://www.jacobsonco.com.
For further information, please contact: Mark Larson or Marty Howard: (515) 265-6171
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