Thompson Joins Rand Logistics’ Board of Directors
Posted by Eric Haun
November 24, 2014
Rand Logistics, Inc. announced that its board of directors has appointed Kirk Thompson as a Class II director. Thompson, the current chairman of the board of JB Hunt Transport Services Inc., brings the number of directors to six and is the first of two new independent directors being sought by Rand's board.
Thompson has spent his entire 40-year career at JB Hunt guiding and growing its transportation business from the ground up. He was named chief financial officer in 1979, president and chief operating officer in 1986, and the following year was elected chief executive officer of the company. He has served on the board of directors since 1985 and assumed the position of chairman in 2011. Under Thompson's leadership, J.B. Hunt grew from a $20 million trucking company to one of Forbes Magazine's Best Managed Companies in America and Fortune's America's Most Admired Companies with current annual revenues of approximately $6 billion and a market equity capitalization approaching approximately $10 billion.
Thompson has a Bachelor of Science degree in Business Administration from the University of Arkansas and is a Certified Public Accountant. He has served as a member of both the University of Arkansas board of advisors and the board of directors for the Arkansas Research Alliance. He also served as a member of the Federal Reserve Bank of St. Louis Transportation Industry Council and as trustee of GuideStone Financial Services which manages approximately $10 billion in assets.