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Silk Logistics appoints new CEO following retirement announcement

The sudden retirement of its current leader has seen a fellow co-founder step into the role of managing director and CEO at Silk Logistics

Silk Logistics has announced that current managing director and CEO Brendan Boyd has decided to retire from his current role due to medical reasons, with the board announcing his successor.

Boyd officially stepped down from the role yesterday, but will continue to support and advise the company as he transitions to a non-executive director role.

“On behalf of the board, I would like to extend our appreciation to Brendan for his exemplary service to this company over the past 13 years,” Silk chair Terry Sinclair says.

“As co-founder and CEO, he successfully guided the company through a prolonged period of growth and transformation. We will continue to value and benefit from Brendan’s ongoing presence and the depth of experience and the insights that he is able to provide as a non-executive director.”

In his place, the board has announced that co-founder and current executive director and chief customer office John Sood will succeed Boyd.

Sood is now officially the leader of Silk Logistics.

“Brendan’s early retirement triggers the boards’ established succession plan, which will see John transition seamlessly into his new role as managing director and CEO,” Sinclair says.

“John brings exceptional sector experience, having worked alongside Brendan through all the company’s key milestones from its inception, including its 2021 Initial Public Offer.

“Silk’s priority remains the continued growth and success of the company and our succession plan ensures our strong leadership team will continue to guide the company in order to meet its strategic goals.”

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