CNF’s CEO Quesnel to retire in July
Gregory L. Quesnel, president and chief executive officer of the CNF Inc. group, the parent company of Con-Way Transportation Services and Menlo Worldwide, will retire on July 6.
He has worked with the company for 29 years, having been CEO since 1998. Quesnel will also be resigning his board of directors membership at CNF.
Quesnel joined the company in 1975 in Portland, Ore. as director of financial accounting and was later promoted to executive positions in strategic planning and corporate finance and treasury operations. He became chief financial officer and later president and chief operating officer.
CNF has not named a successor to Quesnel. The company’s board announced it would begin a search for a successor and that it intends to consider both internal and external candidates.
The board also elected Peter W. Stott of Portland, Ore. and Chelsea “Chip” White III of Atlanta, Ga., as new directors, effective immediately.