New chief for Caterpillar Logistics Services

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Caterpillar Logistics Services, which has just been taken over by Platinum Equity, has appointed Jos Opdeweegh as chief executive.

Bryan Kelln, president of portfolio operations for Platinum Equity, said: “We conducted an international search for a CEO with the right experience, industry knowledge and proven leadership skills required to establish the business as a new, independent enterprise and who could drive the organisation to new levels of success.

“Jos distinguished himself from a pool of many capable candidates by demonstrating his passion and knowledge of the business and its customers. He is the perfect fit for the company and its culture. He has an outstanding track record in and outside the industry and he shares our vision for the future of the company.”

Opdeweegh has experience in logistics, M&A and capital markets including his most recent position as CEO at Americold Realty Trust, one of the world’s largest owners and operators of temperature-controlled warehouses for frozen food logistics.

He said: “I am eager to collaborate with Caterpillar Logistics Services president Dan Spellman and the rest of the management team. We have a unique opportunity to harness the strengths, experience and legacy of the past while establishing our own identity and driving the company to even greater levels of success in the future.”

Platinum Equity acquired a majority interest in Caterpillar Logistics Services from Caterpillar. Caterpillar retained a 35 per cent equity stake in the business. A rebranding initiative is underway, and a new corporate name and image will be announced at a later date.

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