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Vision Logistics Announces Tom Perdue as Chief Executive Officer


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© Business Wire 2008
2008-11-17 21:59:02 -

Vision Logistics, the leading provider of expedited freight services to the U.S. energy production industry, today announced that the company"s Board of Directors appointed Thomas D. Perdue to serve as the company"s Chief Executive Officer.
Tom Perdue, an experienced logistics executive, has demonstrated successes with NYK Logistics where he served as Chief Operating Officer since 2004. Tom has also held senior management positions at industry leaders C.H. Robinson, the Burlington Northern Railways, and Consolidated Rail Corporation. In addition, Tom has served on the board of directors of the Intermodal Association of North America (IANA), and is a past member of the American Trucking Associations" Executive Policy Committee.
"Given the breadth and depth of his experience in

the logistics industry, we believe that Tom will provide strong leadership to Vision at a time of rapid growth and opportunity," said Sanjay Swani, General Partner of Welsh Carson, Anderson & Stowe ("WCAS"). WCAS is the majority shareholder in Vision. Ronnie Murphy, Chairman of the Board added, "Under Tom"s leadership, Vision will continue to focus on providing superior quality service to its customers with an unrelenting focus on safety and compelling career opportunities for its employees."
Jim Martell, Board member and founding investor in Vision, stated that "Tom will lead our growth efforts not only in the Gulf Coast region, but also into newer energy producing regions of the country. With a strong capital base and market position, Vision is in an excellent position to expand the scope of its operations to meet the needs of its customers."
The Company also elected former Colorado Governor Bill Owens to the Board of Directors. While Governor, he was called "best governor in America" by National Review and in 2002 was re-elected with the greatest majority in Colorado history. In addition to his public service, Governor Owens served for more than 10 years as Executive Director of the Colorado Petroleum Association, which represented 400 energy firms doing business in the Rockies.
"We are very pleased to welcome Governor Owens to the Board, where his experience in the public and private sectors will contribute invaluable insights," said Mr. Swani.
About Vision Logistics
Vision Logistics is the leading provider of ground transportation services for customers participating in the domestic oil and gas industry, as well as other industrial markets, operating under the Ace, Dynasty, Texas Hot Shot and Venture brands. The combined companies maintain a growing base of over 4,000 owner-operators located throughout the Gulf Coast and other energy producing regions of the United States.


For Vision Logistics Holding Corp.

Michelle Campbell, 310-871-8436


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Hossam Abdel-Kader
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