Schneider National announced additional leadership changes as part of a planned transition, naming Michael Baumgardt executive vice president of the intermodal and logistics units and Steve Wells executive vice president of the truckload unit. Baumgardt has been with Schneider since 2001 and most recently served as senior vice president and general manager of intermodal; the intermodal and logistics segments generated $2.4 billion in combined revenue over the last 12 months. Wells has been president of Schneider subsidiary Cowan Systems since November 2024 and previously served as Cowan's chief operating officer; the truckload business generated $2.5 billion in revenue during the last 12 months. The company also promoted Angela Prill to senior vice president of intermodal operations. These moves follow the previously announced succession plan in which Jim Filter will become president and CEO and Mark Rourke will become executive chairman of the board, effective Wednesday.
Schneider National IncLeadership changes as part of planned transition, no clear impact on performance.
Cowan Systems president promoted to EVP of truckload at parent company; no direct impact on Cowan.