TORONTO, May 29, 2013 - Wheels Group Inc. ("Wheels" or the "Company") (TSXV: WGI) announced today that it has split the roles of Chairman of the Board of Directors from that of Chief Executive Officer. The Board of Directors has appointed existing director, Dr. Phillip Tabbiner, to the position of non-executive Chairman. Doug Tozer, the former Chairman of the Board of Directors, continues as Chief Executive Officer of the Company.
Dr. Tabbiner has served as a Director of the Company since January 2012, and prior to this served on the Company's advisory board for six years. He currently serves on the Audit and the Governance and Nominating committees and chairs the Compensation committee of the Board of Directors.
His most recent position was Senior Vice President and General Manager of Educational Testing Service. Dr. Tabbiner has over 30 years of experience in the pharmaceutical and diagnostics industry, holding senior executive positions with Chiron Corporation, Bayer Healthcare (a division of Bayer AG), Dupont-Merck Pharmaceutical Company, aaiPharma Services Corp. and BioCentrex, LLC. Dr. Tabbiner was formerly a Director of Ambrilia Biopharma, Inc and founder of TRx Pharmaceuticals, LLC and Endo Health Solutions Inc. Dr. Tabbiner holds a Bachelor's degree in Economics from the University of Toronto, a Master's of Business Administration from York University and a Doctorate of Business Administration from Nova Southeastern University.
"In separating the Chairman and CEO positions, we are further strengthening Wheels' corporate governance. I'm excited about the prospects for the Company and I am delighted to have been appointed Chairman," remarked Dr. Tabbiner. "Doug has a clear vision and strategy for the company. I look forward to working with him, the board, and the entire Wheels team to deliver value for our customers, shareholders and employees."
Founded in 1988, Wheels is a leading North American third party logistics (3PL), supply chain logistics provider. As a non-asset provider, the Company develops advanced supply chain solutions delivered through its qualified partner network of over 6,000 truck, rail, air and ocean carriers. Wheels serves consumer goods, food and beverage, manufacturing and retail clients through 26 offices throughout the US and Canada. Wheels has been named one of Canada's 50 Best Managed Companies since 1997, Platinum since 2003. Wheels has been named one of North America's Top 100 3PL Companies, one of the Top 100 Food 3PL's and one of the Top Five IMC's (intermodal marketing companies).
Neither the TSX Venture Exchange, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.