PeopLease To Accelerate Growth with New Investment and Leadership Team

CHARLESTON, S.C.--(BUSINESS WIRE)--PeopLease Corporation has attracted new investment and leadership talent to expand service offerings to their customers and advance their industry leading position.

Transportation industry veterans, Chris Munro, Marc Kramer and Mitch Poole, join the new leadership team. These experienced executives have held CEO positions and have invested in over 30 companies in North America including Allied Holdings Inc., Ruan Transportation, Fenway Partners (transportation focused private equity fund) and Exel Logistics.

Mitch Poole will serve as President and Chief Executive Officer, Chris Munro will assume the responsibility of Chairman of the Board, and Marc Kramer will serve on the Board of Directors. The Board of Directors will be made up of active investors seeking to grow and enhance customer value. PeopLease founders D. W. Speer and Chuck Schellenger will continue to facilitate the execution of the strategy and vision.

According to the new investors: "We are extremely excited about making this long term commitment to PeopLease. We look forward to working with the outstanding group of dedicated PeopLease professionals and providing continued unequaled services to our clients. We will be investing in new tools to assist in driving sales and enhancing customer acquisition and retention.”

“We want to assure our valued customers and business partners that PeopLease remains committed to the high level of service and responsiveness they expect and deserve. I look forward to meeting with all of our customers to discuss our services and solutions. The company will remain in its present location and the transition in ownership will be transparent to our customers,” said CEO, Mitch Poole.

The new investment strengthens the financial flexibility of PeopLease, supports people and technology investment, expands the service offerings to customers and provides the opportunity to serve other employee groups related to the transportation industry.

Today, PeopLease is the leading provider of human resources administrative services; workers compensation insurance and risk management services to the trucking industry with over 11,000 work site employees. PeopLease is headquartered in Charleston, South Carolina and serves clients nationwide.