Chris Lofgren will retire as CEO of trucking and logistics company Schneider National Inc. after nearly 17 years in the position, the firm said Tuesday.
Mark Rourke, now executive vice president and chief operating officer, will replace Lofgren after Schneider’s annual meeting next April.
Rourke, 54, has been with Schneider since 1987 and has held his current posts since 2015.
Lofgren, 59, helped guide the Green Bay company through its initial public offering in April 2017.
Schneider earned $390 million last year — more than double the 2016 profit — on revenue of $4.4 billion.
As of December, the company employed about 19,600 people, 60 percent of them drivers.