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TFI (TSX:TFII) appoints new Board Director

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TSX:TFII
05 August 2022 13:45 (EDT)
TFI International

Source: TFI International Inc.

TFI International (TFII) announced that John Pratt will join its Board of Directors, effective October 25, 2022.

Pratt is the retired chairman of Bank of America Merrill Lynch’s Global Industrials Investment Banking Group. He was also the head of Bank of America’s Investment Banking office in Chicago. He has more than 30 years of investment banking experience including extensive M&A transactions. Pratt has served on multiple boards of both private corporations and non-profit organizations.

In his 33 years at Merrill Lynch and Bank of America, Pratt maintained client coverage responsibility for numerous corporations worldwide. He advised on more than $500 billion in strategic and capital raising assignments.

Pratt graduated from Northwestern University with a Bachelor of Arts in Political Science and Economics. He also completed his Masters of Business Administration from the Kellogg School of Management.

Alain Bédard, Chairman, President and Chief Executive Officer of TFI, commented on the announcement.

“We eagerly anticipate John joining our Board this fall. We look forward to TFI International significantly benefitting from his deep expertise, extensive network of relationships and business acumen. John will make a strong addition to our Board and we look forward to leveraging his insights, cultivated over a successful and distinguished career, as we continue our efforts to create long-term shareholder value.”

TFI International is a transportation and logistics company. It creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries.

TFI International Inc. (TFII) is up 1.98 per cent, trading at C$135.94 per share at 1:31 pm ET.


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