Brynwood Partners Appoints New Chairman & Chief Executive Officer of IJS Global
GREENWICH, Conn., July 6 /PRNewswire/ -- Brynwood Partners is pleased to announce the appointment of Giorgio Laccona as Chairman and Chief Executive Officer of IJS Global Holdings Inc. ("IJS Global"), effective July 1, 2006. Brynwood Partners V L.P. acquired Inter-Jet Systems, Inc. in December 2004 as part of its strategy to do a build-up in the freight forwarding industry. The company subsequently changed its name to IJS Global during 2005. Mr. Laccona comes to IJS Global with a wealth of experience, a 29-year veteran of the freight forwarding and logistics industry. Prior to joining IJS Global, Mr. Laccona was President of the Italian-based forwarder Savino Del Bene USA Inc. His career in freight forwarding began in 1976, when he joined Air Express International, then based in Darien, CT. He went on to spend over 20 years with AEI, rising to the post of Senior Vice President for the Americas in 1999. When AEI was acquired by Danzas/Deutsche Post in early 2000, he remained with Danzas-AEI and was appointed President & CEO for the Americas. Mr. Laccona left Danzas-AEI in January 2001 to join Eagle Global Logistics as Chief Operating Officer in charge of international operations. Hendrik J. Hartong, Jr., Senior Managing Partner of Brynwood Partners, stated, "We are delighted to have Giorgio Laccona head up IJS Global. He is a seasoned proven leader, highly knowledgeable, innovative and customer-focused. These qualities will serve him well in his new position, and will benefit IJS Global Inc. as well as our customers." Mr. Laccona will be based at IJS Global's headquarters at 5 High Ridge Park, Suite 100, Stamford, CT, main telephone number (203) 504-9760. ABOUT IJS GLOBAL INC. Headquartered in Stamford, CT, IJS Global Inc. (http://www.ijsglobal.com) is building a global logistics footprint through a carefully calibrated strategy of internal growth and timely acquisitions. It operates out of seven U.S. offices as well as internationally through a network of agents and company owned offices. ABOUT BRYNWOOD PARTNERS Founded in 1984, Brynwood Partners is a private equity fund which invests in lower middle market companies over a long-term horizon targeting consumer products, light industrial manufacturing, specialty retailing and business services. Brynwood Partners is based in Greenwich, CT. For more information, please visit: http://www.brynwoodpartners.com.
SOURCE Brynwood Partners
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