John G. Labrie, president of Con-way Freight, has stepped down to pursue other interests, parent company Con-way Inc. (NYSE: CNW) said.
Douglas W. Stotlar, president & CEO of Con-way Inc., will serve as interim president until a successor is hired. The company said Stotlar is expected to serve as the less-than-truckload division’s president for a period of 6 to 12 months.
“Con-way Freight has built a 27-year reputation as a premium carrier in all respects,” Stotlar said. “The management changes announced today are intended to ensure that we retain this position, and that we deliver to our shareholders, customers and employees the trust, consistent market-leading performance and sustainable value that have been the foundation of our success for nearly three decades.”