Who’s on the move: Oct. 13, 2026

Hub Group announces board overhaul amid filing delays

Hub Group has made significant changes to its board of directors following action by controlling shareholders, resulting in the appointment of four new directors and the removal of three existing board members.

The company said shareholders representing a majority of voting power approved the appointments of Gregory D. Bunch, Thomas P. Fitzgerald, Thaddeus J. Malik and Thomas M. White. Three directors were removed, while three others resigned following the changes.

The board now consists of seven directors, led by David P. Yeager as chairman and chief executive officer and Phillip D. Yeager as president and vice chairman.

According to the company, the board changes will not affect day-to-day operations, management or corporate strategy.

The announcement comes as Hub Group works to complete the restatement of its financial statements and file delayed regulatory reports. The company said it expects to complete the process during the fourth quarter of 2026.

In September, Hub Group received a Nasdaq delisting notice related to delayed financial filings. The company has appealed the determination and received a stay pending a hearing scheduled for Oct. 27.

Transport minister announces leadership appointments at VIA Rail and CATSA

Transport Minister Steven MacKinnon has announced the appointments of Mathieu Paquette as president and chief executive officer of VIA Rail and Neil Parry as chief executive officer of the Canadian Air Transport Security Authority (CATSA).

Both appointments are for five-year terms.

According to Transport Canada, Paquette brings more than 25 years of experience in the transportation, mining and manufacturing sectors and has served as interim CEO of VIA Rail since February 2026. Before that, he was the rail carrier’s chief communications and human resources officer.

Parry has more than 20 years of experience at CATSA and has served as interim president and CEO since June 2025. He previously held several senior leadership positions within the organization, including senior vice-president and vice-president of operations.

“I would like to congratulate Mr. Paquette and Mr. Parry on their appointments,” said Steven MacKinnon. “These talented leaders bring valuable experience and a commitment to serving Canadians and building a stronger, more connected transportation system.”

STG Logistics names Jack Holmes CEO

STG Logistics has appointed Jack Holmes as chief executive officer, effective immediately.

Holmes succeeds Geoff Anderman and takes over leadership of the logistics provider following its financial restructuring earlier this year. Holmes brings more than 40 years of transportation and logistics experience, including 37 years with UPS, where he served as president and CEO of UPS Freight until 2016.

The company also announced several leadership changes, including the appointment of Clinton Smith as interim chief financial officer and Cherie Schaible as interim general counsel. In addition, Gary Enzor, former CEO of Quality Distribution, has been named chairman of the board.

STG Logistics also expanded its board with the appointments of Darren Hawkins, former CEO of Yellow Corp., along with John Labrie, Joe Troy and Dave Ebbrecht.