HOUSTON, Jan. 25 /PRNewswire-FirstCall/ -- EGL, Inc. (Nasdaq: EAGL) today
announced that Elijio Serrano, its Chief Financial Officer (CFO), has resigned
from the company effective February 10, 2006 to join a Houston-area oilfield
services company. Serrano has been EGL's CFO since 1999 and a director since
2000.
He will continue as a director until the company files its Annual Report
on Form 10-K for the year-ended December 31, 2005. EGL plans to formally
announce fourth quarter 2005 earnings results on Thursday March 9, 2006.
The company will seek to fill the CFO position as quickly as possible with
the most qualified candidate. Mr. Serrano has agreed to serve as an advisor to
the CEO to assist in the transition.
"I want to thank Elijio for his contributions over the past six years and
his participation in the expansion of our business into international
markets," said James R. Crane, EGL's CEO. "The entire EGL team wishes Elijio
well in his new position."
Founded in 1984, Houston-based EGL, Inc. operates under the name EGL Eagle
Global Logistics. EGL is a leading global transportation, supply chain
management and information services company dedicated to providing superior
flexibility and fewer shipping restrictions on a price competitive basis. With
2004 revenues exceeding $2.7 billion, EGL's services include air and ocean
freight forwarding, customs brokerage, local pickup and delivery service,
materials management, warehousing, trade facilitation and procurement, and
integrated logistics and supply chain management services. The Company's
shares are traded on the NASDAQ National Market under the symbol "EAGL".
SOURCE EGL, Inc.
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Related links:
http://www.eaglegl.com
CONTACT:
Mike Slaughter, Vice President of Finance of
EGL, Inc., +1-281-618-3428
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