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GENCO Promotes Two Key Members of Leadership Team to New Positions

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SOURCE GENCO

Demonstrates depth of company's leadership talent

PITTSBURGH, Feb. 19, 2014 /PRNewswire/ -- GENCO, the leader in delivering product lifecycle logistics® solutions, announced today two leadership promotions. Tom Perry has been promoted to chief technology officer and Mike Simpson has been promoted to president of GENCO's Retail Logistics (GRL) business unit.

As chief technology officer, Perry will lead GENCO's IT organization and newly established R&D/Robotics team. He will focus on leveraging technology to assist all of GENCO's business units in achieving their business strategies. Perry has been with GENCO for more than 18 years serving in increasingly important roles, including as president of GRL for the past five years. Under his leadership, GRL's business has increased 180%.

As president of GRL, Simpson assumes Perry's leadership role for GENCO's second largest business unit. In his new role, Simpson will ensure that GRL's business execution is aligned to support its significant growth plans. Throughout his more than 14 years with GENCO, Simpson has assumed increasingly important operations positions, including most recently as senior vice president of Operations for GRL.

"We are extremely fortunate to have the depth of leadership talent to promote into these key positions," said Herb Shear, GENCO's executive chairman.

About GENCO
GENCO is the recognized leader in product lifecycle and reverse logistics solutions designed to maximize value and reduce costs.  GENCO operates 140 value-added warehouse locations comprising 38 million square feet and manages $1.5 billion in freight annually throughout North America.  GENCO's diverse range of customers includes many Fortune 500 companies in the technology, consumer and industrial, retail and healthcare markets and the federal government.  GENCO's complete range of product lifecycle services include inbound logistics; warehousing & distribution; fulfillment; contract packaging; managed transportation; systems integration; returns processing & disposition; test, repair, refurbishment; product liquidation; and recycling. For more information, visit www.genco.com.

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