CLOs on the Move

Mr. Sheehy, age 56, served as chief operating officer of the Company from September 2018 until his appointment as chief information officer. Mr. Sheehy has served as president and chief executive officer of Sheehy Mail and Sheehy Enterprises since 2012. Sheehy Mail is a trucking company based in Waterloo, Wisconsin and was founded in 1968 to service multiple contracts with the United States Postal Service ("USPS") dedicated to the over-the-road transport of mail between cities throughout the Midwest. Under Mr. Sheehy's management, the firm has expanded into general freight contracting and has grown to become a premier regional carrier with ...

Mr. Sheehy, age 56, served as chief operating officer of the Company from September 2018 until his appointment as chief information officer. Mr. Sheehy has served as president and chief executive officer of Sheehy Mail and Sheehy Enterprises since 2012. Sheehy Mail is a trucking company based in Waterloo, Wisconsin and was founded in 1968 to service multiple contracts with the United States Postal Service ("USPS") dedicated to the over-the-road transport of mail between cities throughout the Midwest. Under Mr. Sheehy's management, the firm has expanded into general freight contracting and has grown to become a premier regional carrier with over 200 employees. As president and chief executive officer of Sheehy Mail and Sheehy Enterprises, Mr. Sheehy has introduced numerous innovations to his business operations, including proprietary LoadTrek™ computer hardware and software that tracks and provides real-time data through on-board computers. Mr. Sheehy has also overseen efforts to upgrade the fleet of tractors owned by Sheehy Enterprises to tractors powered by compressed natural gas ("CNG"), and the Sheehy Enterprises fleet is now over 90% CNG-operated. In recognition of those efforts, Sheehy Enterprises and Mr. Sheehy were honored by the Wisconsin clean cities in 2015-2017 as one of the top "Clean Fleets" in the state, were presented the Forward Fleet award and a 5 star clean fleet rating, and were also honored as one of HDT magazine's 50 cleanest fleets in 2016. Mr. Sheehy is party to an employment agreement with the Company effective January 1, 2019, a copy of which is filed with, and a summary description of which is provided in, the Company's current report on Form 8-K filed with the U.S. Securities and Exchange Commission ("SEC") on January 10, 2019. Mr. Sheehy does not have any family relationship with any director, executive officer, or person nominated or chosen by the Company to become a director or executive officer. There are no related party transactions involving Mr. Sheehy that are reportable under Item 404(a) of Regulation S-K except as disclosed in this current report on Form 8-K or described in the Company's annual report on Form 10-K for the year ended December 31, 2018 filed with the SEC on May 30, 2019 or in the Company's current report on Form 8-K filed with the SEC on November 22, 2019.

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