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Loadsmart appoints new CFO

Mark Hoyt will lead the group’s financial strategy and oversee the company's accounting, finance, treasury and tax functions to drive value creation

Loadsmart, a digital freight technology company, has announced the appointment of Mark Hoyt as the new CFO.

Hoyt will lead the group’s financial strategy and oversee the company’s accounting, finance, treasury and tax functions to drive value creation. He will join the company in the coming weeks and will be based at the company’s headquarters in Chicago.

He brings with him global experience and a track record of leadership focused on high-growth SaaS solutions, mergers and acquisitions, platform development and change management.

Hoyt has held various management and executive roles across finance, operations, systems, business intelligence and accounting. Most recently, he served as CFO for digital identity and anti-fraud firm, OneSpan, and previously held roles in the US and internationally at Groupon, CareerBuilder, Motorola and PwC.

He said: I’m thrilled to join the company and enthusiastic about providing financial leadership to drive and support the company’s commitment to the future of freight.

“By doubling down on the technology, delivering outstanding operational performance, as well as expanding an unparalleled suite of value-added services, including mode optimization and data insights, Loadsmart is poised for continued accelerated growth.”

Hoyt is a certified public accountant and holds a Bachelor of Science in accountancy from Miami University and an MBA from the University of Chicago Booth School of Business.

Ricardo Salgado, co-founder and CEO of Loadsmart, added: “Following an extensive six-month search, Mark clearly stood out among the candidates we considered.

“His credentials, breadth and depth of experience, and a shared enthusiasm for our vision make him a welcome addition to the Loadsmart executive team.”

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