Wheels Announces Election of Directors and Appointment of Lead Director
TORONTO, June 25, 2012 /CNW/ - Wheels Group Inc. ("Wheels" or the "Company") (TSXV: WGI) today announced that Doug Tozer, Dr. Phil Tabbiner, Gordon Feeney, J.R. Kingsley Ward, John Stevens and Greg Cochrane were elected as Directors of the Company at its Annual and Special Meeting of Shareholders held on June 21, 2012.
Doug Tozer, Chairman of the Board of Directors, also announced that Gordon Feeney will serve as Lead Director. Mr. Feeney is a Corporate Director of Davis + Henderson Corporation (TSX: DH) and Chairman of Rideau Recognition Solutions Inc. and Rainsford Lane Prestige Properties Ltd. He retired from RBC Financial Group in June 2001 as Deputy Chairman with 42 years of service. He was former Chairman of Canada Post Corporation from 2004 to 2007.
In commenting on the announcement, Doug Tozer, CEO of Wheels, stated: "Gord Feeney, with his depth of banking industry and public company leadership experience, brings a unique and valuable perspective to our meetings. We're pleased that he will serve as our Lead Director."
Founded in 1988, Wheels Group Inc. is a leading North American 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 5,000 truck, rail, air, and ocean carriers. Wheels Group Inc. serves consumer goods, food and beverage, manufacturing and retail clients through 20 offices throughout the US and Canada. Wheels Group Inc. has been named one of Canada's 50 Best Managed Companies since 1997, Platinum since 2003. Wheels Group has been named one of North America's Top 100 third-party logistics ("3PL"), 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.For further information:
Patrick J Marshall
VP Corporate Development & Investor Relations
Wheels Group Inc.
Tel: (905) 602-2700