MARTEN TRANSPORT ANNOUNCES CEO RETIREMENT AND LEADERSHIP TRANSITION
Marten Transport (Nasdaq:MRTN) announced that CEO Timothy Kohl will retire effective September 30, 2025. Randolph Marten, the current Executive Chairman and former CEO, will assume the roles of Chairman of the Board and Chief Executive Officer effective October 1, 2025.
Randolph Marten, who has been with the company since 1974, previously served as CEO from 2005 to 2021. Tim Kohl, who joined in 2007, is credited with transforming Marten Transport into a multifaceted business across six distinct platforms: Temperature-Sensitive and Dry Truckload, Dedicated, Intermodal, Brokerage, and MRTN de Mexico.
Marten Transport is a leading temperature-sensitive truckload carrier in the United States, specializing in transporting food, beverages, and consumer packaged goods requiring temperature-controlled environments across the US, Mexico, and Canada.
Marten Transport (Nasdaq:MRTN) ha annunciato che l’amministratore delegato Timothy Kohl andrà in pensione con effetto dal 30 settembre 2025. Randolph Marten, attuale Presidente esecutivo e già CEO in passato, assumerà le cariche di Presidente del Consiglio e Amministratore Delegato a partire dal 1° ottobre 2025.
Randolph Marten, in azienda dal 1974, è stato amministratore delegato dal 2005 al 2021. Tim Kohl, entrato nel 2007, è accreditato per aver trasformato Marten Transport in una realtà diversificata articolata su sei piattaforme: Temperature-Sensitive e Dry Truckload, Dedicated, Intermodal, Brokerage e MRTN de Mexico.
Marten Transport è uno dei principali vettori statunitensi specializzati nel trasporto truckload a temperatura controllata, con focus su alimenti, bevande e beni confezionati che richiedono ambienti refrigerati o controllati, operando negli Stati Uniti, in Messico e in Canada.
Marten Transport (Nasdaq:MRTN) anunció que el director ejecutivo Timothy Kohl se jubilará con efecto a partir del 30 de septiembre de 2025. Randolph Marten, actual presidente ejecutivo y expresidente ejecutivo, asumirá los cargos de presidente del consejo y director ejecutivo a partir del 1 de octubre de 2025.
Randolph Marten, en la compañía desde 1974, fue CEO entre 2005 y 2021. Tim Kohl, que se unió en 2007, es reconocido por haber convertido a Marten Transport en un negocio multidimensional compuesto por seis plataformas: Temperature-Sensitive y Dry Truckload, Dedicated, Intermodal, Brokerage y MRTN de México.
Marten Transport es un destacado operador de cargas por camión con control de temperatura en Estados Unidos, especializado en el transporte de alimentos, bebidas y bienes de consumo empacados que requieren ambientes con control térmico, operando en EE. UU., México y Canadá.
Marten Transport (Nasdaq:MRTN)는 최고경영자(CEO) Timothy Kohl가 2025년 9월 30일부로 은퇴한다고 발표했습니다. 현재 이사회 의장이자 전 CEO인 Randolph Marten은 2025년 10월 1일부로 이사회 의장 겸 최고경영자(CEO) 직을 맡게 됩니다.
Randolph Marten은 1974년부터 회사와 함께했으며 2005년부터 2021년까지 CEO로 재직했습니다. 2007년에 합류한 Tim Kohl는 Marten Transport를 Temperature-Sensitive와 Dry Truckload, Dedicated, Intermodal, Brokerage, MRTN de Mexico 등 여섯 개의 플랫폼으로 다각화된 회사로 탈바꿈시킨 공로가 있습니다.
Marten Transport는 미국을 중심으로 식품·음료·포장 소비재 등 온도 관리가 필요한 화물을 운송하는 주요 온도제어 트럭적재(트럭로드) 운송기업입니다. 미국, 멕시코, 캐나다에서 운영합니다.
Marten Transport (Nasdaq:MRTN) a annoncé que son PDG Timothy Kohl prendra sa retraite à compter du 30 septembre 2025. Randolph Marten, l’actuel président exécutif et ancien PDG, assumera les fonctions de président du conseil d’administration et directeur général à partir du 1er octobre 2025.
Randolph Marten, présent dans l’entreprise depuis 1974, a été PDG de 2005 à 2021. Tim Kohl, arrivé en 2007, est crédité d’avoir transformé Marten Transport en une société diversifiée autour de six plateformes : Temperature-Sensitive et Dry Truckload, Dedicated, Intermodal, Brokerage et MRTN de Mexico.
Marten Transport est un transporteur majeur de chargements routiers à température contrôlée aux États-Unis, spécialisé dans le transport d’aliments, de boissons et de produits de grande consommation emballés nécessitant des conditions thermiques contrôlées, opérant aux États-Unis, au Mexique et au Canada.
Marten Transport (Nasdaq:MRTN) gab bekannt, dass CEO Timothy Kohl mit Wirkung zum 30. September 2025 in den Ruhestand treten wird. Randolph Marten, der derzeitige Executive Chairman und frühere CEO, wird ab dem 1. Oktober 2025 die Funktionen des Verwaltungsratsvorsitzenden und Chief Executive Officer übernehmen.
Randolph Marten ist seit 1974 im Unternehmen und war bereits von 2005 bis 2021 CEO. Tim Kohl, der 2007 dazu kam, wird zugeschrieben, Marten Transport in ein vielfältiges Unternehmen mit sechs Plattformen verwandelt zu haben: Temperature-Sensitive und Dry Truckload, Dedicated, Intermodal, Brokerage und MRTN de Mexico.
Marten Transport ist ein führender US-Carrier im Bereich temperaturempfindlicher Truckloads und spezialisiert auf den Transport von Lebensmitteln, Getränken und abgepackten Konsumgütern, die temperaturkontrollierte Bedingungen benötigen. Das Unternehmen ist in den USA, Mexiko und Kanada tätig.
- Smooth leadership transition with experienced former CEO Randolph Marten returning to the role
- Continuity in leadership as incoming CEO has extensive company experience since 1974
- Company maintains strong market position as leading temperature-sensitive truckload carrier
- Loss of CEO Tim Kohl who led company transformation and growth period
- Potential uncertainty during leadership transition period
MONDOVI, Wis., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that Timothy Kohl, the Company’s Chief Executive Officer, has decided to retire from his role as Chief Executive Officer effective September 30, 2025. Randolph Marten, the Company’s Executive Chairman of the Board of Directors and previous Chief Executive Officer, has been named Chairman of the Board of Directors and Chief Executive Officer, effective October 1, 2025.
“We are very thankful to Tim for his tenure as CEO and previously as President with the Company since joining us in 2007. He championed the Company’s transformation to a multifaceted business that led to a period of unprecedented growth, often during complex and challenging environments,” said Mr. Marten. “It has been a privilege to work with Tim, and we wish him the best in his retirement.”
Mr. Marten has been a full-time employee of the Company since 1974. Mr. Marten has been a Director since October 1980 and Executive Chairman of the Board since May 2021. Mr. Marten also served as Chairman of the Board from August 1993 to May 2021, Chief Executive Officer from January 2005 to May 2021, President from June 1986 to June 2008, Chief Operating Officer from June 1986 to August 1998 and as a Vice President from October 1980 to June 1986.
Marten Transport, with headquarters in Mondovi, Wis., is a multifaceted business offering a network of time and temperature-sensitive and dry truck-based transportation and distribution capabilities across the Company’s six distinct business platforms – Temperature-Sensitive and Dry Truckload, Dedicated, Intermodal, Brokerage and MRTN de Mexico. Marten is one of the leading temperature-sensitive truckload carriers in the United States, specializing in transporting and distributing food, beverages and other consumer packaged goods that require a temperature-controlled or insulated environment. The Company offers service in the United States, Mexico and Canada, concentrating on expedited movements for high-volume customers. Marten’s common stock is traded on the Nasdaq Global Select Market under the symbol MRTN.
This press release contains certain statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including Marten’s current expectations concerning its leadership. These statements by their nature involve substantial risks and uncertainties, and actual results may differ materially from those expressed in such forward-looking statements. Important factors known to Marten that could cause actual results to differ materially from those discussed in the forward-looking statements are discussed in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024. Marten undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACTS: Tim Kohl, Chief Executive Officer, Doug Petit, President, and Jim Hinnendael, Executive Vice President and Chief Financial Officer, of Marten Transport, Ltd., 715-926-4216.
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