Nexterus CEO Sam Polakoff Retiring, Ryan Polakoff Named Successor
2024年7月16日 - 10:20PM
Nexterus, a world-class supply chain management and third-party
logistics (3PL) services provider, announces that CEO and 3rd
generation owner, Sam Polakoff, will retire at year’s end after 49
years of service to the company. In retirement, Sam will continue
to serve as chairman of the board.
“It has been the highest honor imaginable to have
proudly served our family business for nearly 50 years. I am
thrilled to be able to transition the company to my son, Ryan, who
will most assuredly take the company to the next level,” stated Sam
Polakoff.
After taking over for his father in 1999, Sam led
the company through an aggressive period of growth, fueled by
organic sales and two acquisitions of international customs
brokerages/freight forwarders. In 2016, with an eye towards new
services and markets, Sam led the rebranding of the company from
its old moniker of TBB Global Logistics to its present identity as
Nexterus. He has worked closely to mentor his son, Ryan Polakoff,
to take the reins and continue to build the family business started
by Abraham Allan Polakoff in 1946. Today, Nexterus is America’s
oldest privately held non-asset based 3PL company.
Sam’s successful career as a supply chain executive
led the company through key strategic phases. Since his start in
1975, Sam has played an integral role in transforming and growing
the company. During his tenure, he expanded the company’s service
portfolio by launching an internal information technology
department, the company’s first sales and marketing effort, the
country’s first privately held freight payment service, and supply
chain software and consulting. At its peak, under Sam’s leadership,
the company-maintained sales offices in Boston, Chicago, Charlotte,
Orlando, Sacramento, Portland, Oregon, and its headquarters, then
in Hunt Valley, Maryland. Sam oversaw the creation of one of the
industry’s earliest TMS products in 1987 and has played a key role
in the development of every software product the company has
developed since. At one point in the early 2000’s, Nexterus was the
largest LTL property broker in the country and the first 3PL
customer for many prominent LTL carriers.
To continue Nexterus’ longstanding traditions of
honesty, integrity, innovation and excellence, Ryan Polakoff,
president, will be promoted to CEO. Ryan will serve as the
company’s president & CEO, along with being appointed to the
board of directors, in the capacity of vice chairman.
“Words can’t express how happy and proud I am of my
father for his legendary career. He has had a wildly successful
journey spanning six decades. His cerebral and unwavering focus
have allowed us to blaze new trails and leave Nexterus in a strong
position for growth. As our incoming CEO, it is my intention to
strategically build on his legacy with new products and services in
developing markets.”
As the fourth generation of the Polakoff family,
Ryan has worked in and around the family business his entire life.
Starting in 2003, Ryan worked every desk at the company to truly
learn the business from the ground up. As a “what is possible?”
leader, Ryan thrives in difficult situations. He enjoys dissecting
complex issues, designing solutions, and implementing actionable
results. Ryan works closely with the Nexterus management team on
both vision design/creation, and how to operationalize strategic
concepts. Ryan enjoys public speaking, having served as a panel
moderator, panelist, guest speaker, and supply chain subject matter
expert for many different organizations, including York College of
Pennsylvania, Towson University, Baltimore World Trade Center
Institute (WTCI), York County Economic Alliance (YCEA), Council of
Supply Chain Management Professionals (CSCMP), Pennsylvania
Manufacturing Association and others. Ryan’s industry insights
& articles have been published with many prominent
organizations including Supply & Demand Chain Executive, Food
Logistics Magazine, Supply Chain Brain Magazine, The American
Journal of Transportation (AJOT), Forbes, Yahoo Finance, Supply
Chain Quarterly, and Inbound Logistics Magazine.
Nexterus turns 79 years old in January 2025 and
will complete the successful transition from the 3rd generation of
the ownership family to the 4th generation. The company has a long,
proud history and its’ eyes are turned toward the future ascending
to new heights.
About NexterusNexterus solves
urgent and complex supply chain issues, applying expertise and
technology to manage and optimize global supply chains. As
America’s oldest privately held, non-asset-based, third-party
logistics (3PL) company, Nexterus helps small and medium-sized
companies better compete through the power of their supply chains.
With best-in-class strategies and services, Nexterus gives clients
the freedom to build their businesses without being distracted by
complex supply chain challenges and tedious tasks, allowing these
companies to improve productivity, efficiencies, and customer
service. Please find us at nexterus.com
(https://www.nexterus.com).
Contact:Mary SchmidtNexterusCell:
(717)-817-5763Mschmidt@nexterus.com