Financial News

Clifford Katab Named CEO of 3PL Warehouse Logistics Provider Weber Logistics

Weber Logistics (“Weber” or the “Company”), a third-party (“3PL”) warehousing and supply chain solutions provider based in California, today announced that Clifford Katab has been appointed CEO of the company.

Mr. Katab has deep experience within the logistics sector and in chief executive and operational roles. He previously spent more than 30 years in global shipping and logistics, serving as President of 3PL provider Performance Team and COO of North American Distribution at Maersk. Most recently, Mr. Katab worked as CEO and Board Member of TwinMed, leading the medical supply distributor through the COVID-19 pandemic.

“For more than a century, Weber has been on the forefront of transportation, logistics and distribution on the West Coast and beyond. As the company looks to its next 100 years, I am excited to lead its growth, expansion and development,” said Mr. Katab. “Working with Weber brings me back to my roots in the transportation and logistics sector, and I look forward to taking the company to new levels through organic growth and strategic acquisitions.”

Weber Logistics was founded in 1924 and is a portfolio company of Stellex Capital Management. With 13 distribution centers and a nationwide footprint, Weber provides integrated logistics services across CPG, retail, food, confectionery, and chemical industries. Weber offers an expansive array of customizable non-asset and asset-based 3PL capabilities, including port logistics, high-volume, omni-channel warehouse distribution, and final-mile delivery. Over the past year, Weber has made dedicated expansion efforts, moving beyond its West Coast roots to include locations in Seattle, Atlanta, and Northern New Jersey.

“Over generations Weber has honed its capabilities in the most challenging and dynamic logistics market in the United States,” said Trey Lee, a member of the Weber board and Managing Director at Stellex Capital Management. “Cliff is an industry veteran familiar with Weber and its value proposition and brings the experience, skills, and network to help leverage our depth with a renewed focus on reach.”

“Cliff is an industry insider and experienced leader in logistics,” said Maurice Joseph, President and Chief Operating Officer of Weber. “He understands the nuances of the industry, bringing a strong sense of familiarity that we believe will foster a seamless transition as he moves into the CEO role. We look forward to working with Cliff as he joins the Weber family.”

About Weber Logistics

Celebrating 101 years of supply chain excellence, Weber is one of the top premium-service 3PL companies on the West Coast and beyond, with 13 high-volume, omni-channel distribution centers, a large drayage operation, and a fleet of dry and temperature-controlled trucks providing LTL and full truckload deliveries. Weber combines its assets to provide a fully integrated, port-to-consumer distribution solution for companies that import goods to the U.S. Learn more at www.weberlogistics.com.

About Stellex Capital Management LLC

With offices in New York, London, Pittsburgh and Detroit, Stellex Capital is a private equity firm with over $5 billion in AUM. Stellex seeks to identify and deploy capital in opportunities that stand to benefit from its operationally focused and hands-on approach to investing. Portfolio companies are supported by Stellex’s industry knowledge, operating capabilities, network of senior executives, strategic insights, and access to capital. Sectors of particular focus include aerospace, defense & government services, transportation & logistics, manufacturing, real economy & business services, food processing and tech-enabled services. Additional information may be found at www.stellexcapital.com.

Contacts

Media Contact:

For Stellex Capital Management LLC:

Prosek Partners

Mike Geller / Rachel Goun

Email: pro-stellex@prosek.com

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