Landstar System, Inc. (LSTR) announced that its Board of Directors has appointed Landstar President and CEO Henry Gerkens to the additional post of Chairman of the Board effective January 4, 2010.
Jeffrey Crowe, who currently serves as Chairman will remain on the company's Board of Directors and has been designated as Chairman emeritus in honor of his many years of service, the company said.
Commenting about Gerkens, the companmy said that he began his Landstar career as Vice President and Chief Financial Officer, and was promoted to Executive Vice President and Chief Financial Officer in 1994. In 2000, he was elected to the company's Board of Directors and in June, 2001, Gerkens was promoted to President and Chief Financial Officer and subsequently promoted again in December 2001 to President and Chief Operating Officer. In July, 2004, he was promoted to President and CEO.
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