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COMPETITION WATCH: Vitran’s Gaetz resigns

TORONTO, Ont. -- Vitran Corp. has announced its president and CEO Rick Gaetz has resigned from the company.


TORONTO, Ont. — Vitran Corp. has announced its president and CEO Rick Gaetz has resigned from the company.

He was replaced by the Board of Directors with Bill Deluce, who will serve as interim president and CEO until a permanent replacement is found.

“On behalf of the Board of Directors, I want to thank Rick Gaetz for his many contributions to Vitran over the years and to wish him well in his future endeavours” said Richard McGraw, Chairman of the Board, in a statement.

Deluce has been a director with Vitran since 2004, and has served as CEO for various corporations before, the company announced. Meanwhile, the company is immediately commencing a search for a permanent president and CEO.


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