Each week, TruckNews.com lists notable moves, promotions and awards within the trucking industry.
This week, John Farquhar has joined Gallagher and Ben Morgan was promoted to an engineering manager at P.S.I. Among the executive appointments, Hexagon Composites has named Philipp Schramm as its chief executive officer, while Motive welcomed Chirag Shah as its chief financial officer.
Farquhar joins Gallagher
John Farquhar has joined Gallagher as its national risk services specialist for transportation, bringing more than 30 years of experience in the transportation and insurance industries.
Farquhar began his career as a commercial truck driver before managing his own fleet and transitioning into risk management. He has worked with major insurers such as Zurich and The Guarantee, offering consulting services, developing specialized transportation products, and leading risk management teams.
Most recently, Farquhar worked at Summit Risk Solutions in Ontario for more than four years.
In his new role, Farquhar will collaborate with Gallagher’s transportation experts across Canada and other practice groups, enhancing the company’s safety and risk management services for the transportation sector.
Schramm to take over Hexagon Composites as CEO
Hexagon Composites has appointed Philipp Schramm as its chief executive officer, effective Jan. 7, 2025.
Schramm will succeed Jon Erik Engeset, who announced his decision to step down earlier this year.
Schramm brings more than 15 years of global experience in the automotive supplier industry. Most recently, he served as CEO and CFO of Brose, one of the world’s largest family-owned automotive parts suppliers, where he oversaw a workforce of approximately 32,000 employees across 24 countries. According to a news release, during his tenure, Brose experienced 30% growth.
Before joining Brose, Schramm held senior roles at Webasto and began his career at PricewaterhouseCoopers, specializing in audit, M&A, restructuring, and transaction services.
Shah joined Motive as CFO
Motive has welcomed Chirag Shah as its chief financial officer (CFO).
Shah has nearly two decades of experience in strategic finance and operational leadership. He previously worked as CFO at Kong, where he helped the company triple its annual recurring revenue (ARR) and improve operational efficiency, according to a news release.
Before Kong, Shah was CFO at Cornerstone OnDemand, where he grew ARR from under $30 million (all figures US) to nearly $900 million and led the company’s initial public offering in 2011, as well as its $5.2 billion take-private sale in 2021.
“Chirag’s deep experience leading high-growth organizations will play a critical role in guiding Motive’s next phase of growth,” said Shoaib Makani, co-founder and CEO of Motive, in a release.
P.S.I. promotes Morgan
P.S.I. has promoted Ben Morgan to the newly created role of engineering manager, electronics and integrations.
In this position, Morgan will oversee the development of electronic solutions for the company’s TireView and TST brands, ensuring they align with P.S.I.’s commercial strategies. He will also serve as a key liaison between the company’s sales team and its strategic customers.
Morgan joined P.S.I. in May 2019, following his tenure at Airstream, where he gained valuable engineering experience.
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