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NOVI, Mich., United States:
~Natalie Matsler returns to Lineage with vital expertise in actual property improvement and logistics to help the corporate’s world progress ambition~
Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most revolutionary temperature-controlled industrial REIT and logistics options supplier, at present introduced the appointment of Lynn Wentworth, a seasoned public board member, to its Board of Directors. Additionally, Lineage additionally introduced the appointment of Natalie Matsler as Chief Legal Officer and Corporate Secretary. In this function, she is going to oversee Lineage’s world Legal, Safety & Compliance, Food Optimization and Corporate Compliance features.
Wentworth joins Lineage’s Board of Directors at a pivotal time within the Company’s progress. She brings deep experience in finance, expertise and logistics to Lineage’s board and presently serves on the boards of Graphic Packaging (NYSE: GPK), the place she chairs the Compensation & Human Capital Committee, and Benchmark Electronics (NYSE: BHE), the place she chairs the Audit Committee. She is the previous Chairman of CyrusOne and Cincinnati Bell and chaired the Audit & Finance Committees at each corporations earlier than her function as board chair. Before her board service, Wentworth was the Chief Financial Officer and Treasurer of BlueLinx Holdings Inc. (NYSE: BXC), a number one distributor of constructing merchandise in North America. Prior to becoming a member of BlueLinx, she held quite a few management positions with BellSouth Corporation throughout tax, strategic planning, investor relations, monetary planning, gross sales and operations and was in the end appointed CFO – Communications Group.
“As Lineage continues to grow and execute our mission of transforming the food supply chain to eliminate waste and help feed the world, we are thrilled to welcome Lynn to the board,” mentioned Adam Forste, Co-Executive Chairman of Lineage and Co-Founder of Bay Grove. “Given her many years of experience working in areas of finance, technology and logistics, combined with her exceptional board service at a number of industry-leading corporations, we look forward to having Lynn provide a unique and valuable perspective to our board governance and our overall strategy as we continue to fuel Lineage’s global growth.”
“At such a pivotal time in the company’s history, I’m excited to join Lineage’s board of directors and to work with the leadership team as we continue to innovate and grow the global cold chain,” mentioned Wentworth.
As the most recent member of Lineage’s Executive Leadership Team, Matsler stories on to President and CEO Greg Lehmkuhl. Most lately, she served as General Counsel of McCourt Partners, a non-public funding platform based mostly in Los Angeles, Calif., the place she was a member of the manager group and efficiently led a number of initiatives in actual property improvement that includes inexperienced expertise and resilient design. This is her second time working for Lineage, as she initially joined Lineage in 2014 and served in a number of authorized management roles on the Company, together with Senior Vice President and Deputy General Counsel, by April 2021. Before becoming a member of Lineage, Matsler held authorized roles of accelerating accountability at Latham & Watkins LLP, Downey Savings and Loan Association, F.A. and U.S. Bank National Association. She earned a bachelor’s diploma from the University of California at Los Angeles and her J.D. from the University of California at Los Angeles School of Law.
“We are thrilled to welcome Natalie back to the Lineage family,” mentioned Greg Lehmkuhl, President and CEO of Lineage. “With a proven track record of leading, managing and advising significant projects across our global network, Natalie brings extensive experience to Lineage and will play a key role in advancing the company’s strategic initiatives. I am confident she will build upon our already-strong legal, safety and compliance teams and further contribute to Lineage’s global growth.”
“I am honored and grateful for the opportunity to return to Lineage and lead these incredibly talented teams in such a fast-growing, dynamic organization,” mentioned Matsler. “I look forward to supporting Lineage as the company continues its global growth, all while serving Lineage’s purpose of transforming the food supply chain.”
About Lineage Logistics
Lineage Logistics is the world’s largest temperature-controlled industrial REIT and logistics options supplier. It has a worldwide community of over 400 strategically positioned services totaling over 2 billion cubic ft of capability, which spans 20 international locations throughout North America, Europe, and Asia-Pacific. Lineage’s industry-leading experience in end-to-end logistical options, its unmatched actual property community and the event and deployment of revolutionary expertise assist enhance distribution effectivity, advance sustainability, decrease provide chain waste, and, most significantly, as a Visionary Partner of Feeding America, assist feed the world. In recognition of the corporate’s main improvements and sustainability initiatives, Lineage was a 2022 U.S. Best Managed Company, No. 3 within the 2022 CNBC Disruptor 50 listing, No. 17 within the 2021 CNBC Disruptor 50 listing, the No 1. Data Science firm, and twenty third total, on Fast Company’s 2019 listing of The World’s Most Innovative Companies, along with being included on Fortune’s Change The World listing in 2020. (www.lineagelogistics.com)
About Bay Grove
Bay Grove is a principal funding agency devoted to partnering with robust administration groups to spend money on and construct long-term platform investments. Since 2008, Bay Grove has constructed Lineage Logistics by acquisitions and investments accomplished in partnership with entrepreneurs, clients and staff. The agency has deep expertise within the warehousing and logistics {industry} and additionally seeks to make investments in different engaging sectors. Bay Grove is predicated in San Francisco. (www.bay-grove.com)
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