Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, announced the appointment of Rob Walpole as CEO of Custom Goods, LLC (“Custom Goods”). Headquartered in Carson, California, Custom Goods is an asset-light third-party logistics (“3PL”) company that provides highly customized warehousing and value-added fulfillment, transportation solutions, and centralized examination services to a diversified base of Fortune 500 companies across the United States. The appointment of Walpole to the Custom Goods’ executive team is the latest step to support the company’s strategic plan to accelerate profitable growth in the 3PL sector.
“Since joining the Board earlier this year, Rob has been an invaluable member of the team. Rob has an exceptional combination of 3PL and senior leadership experience at global organizations,” said Matt Hively, operating partner at Angeles Operations Group. “We are confident that Rob’s strategic vision and ability to move quickly will lead to the successful execution of our investment thesis.”
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Walpole has a track record of leading teams to deliver what we believe to be extraordinary results in the transportation and logistics industry. He began his career in manufacturing and supply chain management at ExxonMobil and then went on to hold leadership positions in the Asia-Pacific logistics market at BAX Global, later acquired by DB Schenker. Walpole subsequently spent nearly a decade at DB Schenker in various leadership positions, including Vice President of the Asia-Pacific Contract Logistics business unit, Senior Vice President of the Global Contract Logistics business unit, and CEO of Schenker Inc., the US entity of DB Schenker. Most recently, he was with Delta Airlines, leading the cargo division for more than three years.
“I am excited and honored to be joining the Custom Goods team and partnering with the Angeles team to unlock the full potential of the business. During my time on the board, I’ve come to know the business well at Custom Goods, and I believe we are in a strong position to accelerate our growth in the market,” said Rob Walpole.
SOURCE: Businesswire