Flexport Expands Executive Team, Adding A Chief Financial Officer, President of Asia, and Chief Marketing Officer

SAN FRANCISCO, Nov. 13, 2018 /PRNewswire/ -- Flexport, the modern freight forwarder, today announced three additions to its leadership team: Sudhanshu Priyadarshi as Chief Financial Officer, Huey Lin as President of Asia, and Jeff Thomas as Chief Marketing Officer. These executives are proven leaders in their fields and will accelerate Flexport's global growth and position as the leading technology-powered freight forwarder.

"Freight forwarding is the circulatory system for global trade — but it runs on paper," said Ryan Petersen, founder, and CEO of Flexport. "This is a huge problem. Flexport is focused on transforming this $1 trillion industry, by bringing the information revolution to global trade and helping to unlock a new golden age for humanity."

In the past year, Flexport has doubled its headcount to over 1,000, expanded its global presence to nine offices, strengthened high-value services including trade finance, insurance, and customs brokerage, and added key services such as air freight, trucking, and warehousing. Flexport is the 8th fastest growing company in the U.S. according to the Inc. 5000 list and reached $237 million in sales in 2017 with 2018 on track for record sales growth. These three additions to the executive team bring multiple decades of combined experience in technology, eCommerce, retail, and global operations, and will be highly strategic in Flexport's continued growth.

Sudhanshu Priyadarshi joins as Flexport's first Chief Financial Officer and will lead all financial operations for the company. He has more than 20 years of experience and brings deep financial and operational knowledge in eCommerce, retail, pharmaceutical and consumer goods in the U.S., Asia, and Australia. Most recently, he was Vice President of Finance for Walmart U.S. eCommerce, driving all retail finance operations for Walmart.com, Hayneedle.com, Shoes.com, Moosejaw.com, Vudu.com, Store No. 8, and Walmart's partnership with Google. Before Walmart, he was the Global Chief Operating Officer of Cipla, a $6 billion market cap global pharmaceutical company and Chief Financial Officer of PepsiCo's Global Nutrition Platforms and Global R&D.

"We plan to scale the company tremendously in the new year," said Petersen. "Sudhanshu has driven growth and transformed companies in both emerging and developed markets, and has an outstanding reputation for positively impacting the top and bottom line at some of the world's largest corporations. His experience will be crucial for Flexport as we grow our footprint and command an even larger share of global trade. I'm thrilled that he's joining our team."

Huey Lin joins Flexport as President of Asia. She spent more than a decade at PayPal, where she led China and Asia-Pacific operations in addition to serving in key leadership roles in product, international risk, and policy strategy. For the past six years, Huey has been the Chief Operating Officer at Affirm, a leading financial technology company led by Max Levchin, co-founder of PayPal. Huey will oversee all activity for Flexport across Asia, which is one of the company's fastest growing and most strategic geographies.

Earlier this year, Flexport announced $100 million in funding from SF Express, the leading courier company in China. With Huey's extensive knowledge of the business landscape in China, she will be instrumental in helping Flexport expand its services along the critical Trans Pacific Eastbound trade route (TPEB), which connects Asia and the U.S. and is one of Flexport's largest and most critical trade routes.

"Huey is a world-class operator who has built and led large teams and driven growth across the globe, including in Asia, one of our most significant markets. Her experience running teams and growing businesses in Asia is second to none and she is a critical and highly valued addition to our team," said Petersen.

Jeff Thomas joins Flexport as Chief Marketing Officer, responsible for leading all company-wide, global marketing activities. Jeff brings more than 20 years of experience at major technology companies, including Salesforce.com — where he ran marketing for the Salesforce Platform — Microsoft, and HP, in addition to deep experience at fast-growth, pre-IPO companies. Most recently, he served as Chief Marketing Officer of Periscope Data, the leading advanced analytics and business intelligence platform for data-driven brands. As Flexport's first chief marketing officer, Jeff will build and grow Flexport's global brand, drive sales pipeline development and revenue growth, and solidify Flexport's market position as the premier freight forwarder driving digital transformation in the industry.

"Jeff is one of the most experienced, creative and data-driven marketers and leaders in the tech industry. He understands intimately how to build and orchestrate marketing programs that deliver results," said Petersen. "His expertise in growing platform businesses will help us elevate our brand and footprint and drive growth in markets across the globe. I'm very excited that he has joined Flexport."   

"At Flexport, we believe that a world that does business together is a better one," said Petersen. "Our vision is to unite the planet in a seamless web of commerce, without regard for physical borders, boundaries or political agendas. I'm looking forward to the expertise and diverse perspectives Sudhanshu, Huey, and Jeff will bring to Flexport in our journey to achieve this vision. We're proud to have them on our team and I'm very excited about what's ahead in 2019."

About Flexport
Flexport is the modern freight forwarder. Only Flexport delivers a combination of advanced technology, physical logistics infrastructure, and human expertise, providing fast and predictable transit times, visibility and control, and low and predictable supply chain costs to logistics and supply chain professionals across the globe. First to market in 2013 with a purpose-built cloud software and data analytics platform, Flexport today serves 10,000 clients in over 110 countries, and offers a full range of services, including ocean, air, truck and rail freight, drayage and cartage, warehousing, customs and compliance, financing, and insurance. To learn more, visit www.flexport.com.

SOURCE Flexport

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http://www.flexport.com

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