Wincanton chief executive Eric Born is to step down in July.
He is to be replaced by the company's group finance director Adrian Colman on 1 August, when Born will leave the business to become chief executive of a global, as yet, unnamed company.
Born (pictured) joined Wincanton in April 2009 as chief operating officer. He became chief executive in December 2010, with improving the 3PL’s profitability by increasing turnover and lowering costs one of his major tasks. Turnover to the year ended March 2014 was £1bn, with a pre-tax profit of £34.9m.
Colman was appointed as group finance director at Wincanton in January 2013. He was previously group financial director at international technology business Psion.
Wincanton chairman Steve Marshall said: "Adrian has already demonstrated his strong customer and operational focus during his time at Wincanton.
"Allied to this is a real enthusiasm for further developing the core business, its capabilities and its people. The Board is confident it has chosen a strong leader to take Wincanton forward.
“Wincanton has made considerable progress in recent years, and all of it under his leadership. When Eric steps down later in the year, he will leave with our thanks and best wishes for his future career."
The company is currently seeking a replacement for Colman’s role.
