The restructuring involved the removal of the president & COO role in the motor carrier division. Thomas Paulsen, who served in the position, was offered another role with the company, but chose instead to leave the company after 36 years of service.
Paulsen's position was replaced by a new job, executive vp, terminal operations. In that new position, Robert Warner will be responsible for the day-to-day management of motor carrier operations, and report directly to CEO John P. Brincko, who joined the company a month ago.
CF also consolidated its field operations and the national and local sales organizations into five regions. Each sales region will report to Warner, and the national and local sales organizations will report to Martin Larson, senior vp of sales.
Stephen Sokol has been appointed executive vp of finance & CFO. Phillip Seeley has been named executive vp of process improvement, with responsibility for process improvement initiatives in information technology and other operations. They will report to Brincko and Frits Kromhout, senior vp of marketing, Mark Bunte, vp of transportation, and Wayne Bolio, vp of human resources. "These changes blend restructuring and operating expertise at the highest decision making levels of the company and also enable me to work much more closely with field operations," Brincko said. "The restructuring also helps us accelerate the company's cost-reduction efforts to help CF reach the goal of becoming a financially sound, customer-focused, profitable competitor."
