Quality Distribution (QLTY) Promotes Stephen Attwood to COO, Joseph J. Troy as EVP and CFO
Quality Distribution, Inc. (Nasdaq: QLTY) announced the promotion of Stephen R. Attwood to President and Chief Operating Officer and the appointment of Joseph J. Troy as Executive Vice President and Chief Financial Officer, effective August 2, 2010.
"I am very pleased to have the opportunity to broaden Steve's role," said Gary R. Enzor, Chief Executive Officer. "In the past two years, Steve has done a tremendous job leading the successful restructuring of our business to capitalize on the advantages of our asset-light business model. Going forward, Steve will devote his efforts to emerging growth opportunities, with a continued emphasis on maximizing financial returns and improving the operational performance of our core chemical transportation business."
Enzor added, "I also am delighted to welcome Joe Troy as a member of our leadership team. Joe brings over 25 years of financial experience with particular expertise in capital markets, mergers and acquisitions and overall financial management. In addition to being a proven CFO with publicly traded Walter Industries, Inc. (predecessor to Walter Energy, Inc.), Joe also led one of Walter's principal business segments. His skills will be invaluable as we focus on optimizing our capital structure, leveraging our strong cash flow, growing our business, and communicating with the investment community. With Steve in his new role and Joe on board, we will be in an excellent position to deliver greater value to our customers, employees, and shareholders."
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