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Advisory Board

Gregory Back

Greg brings three decades of experience as an investor, executive, advisor and management consultant. Over his career, Greg has led equity investments of several hundred million dollars and realized net gains exceeding $1 billion.  His investments span a range of strategies and sizes, with a significant focus on technology, transportation, logistics and supply chain. Greg is currently Managing Member of Free Sky Capital, an early stage investor in technology enabled companies, including transportation and automotive technology.

Prior to that, Greg served as Managing Director and General Partner at Warburg Pincus, a leading global private equity firm, where Greg led application software and supply chain and logistics investing. He provided portfolio management and board leadership, including serving as chair of Audit, Compensation, and Nominating and Governance Committees. Prior to that, Greg was an Engagement Manager at McKinsey & Company, where he advised clients in a variety of industries, including technology, transportation and logistics.

Greg graduated summa cum laude from Yale University with a bachelor’s degree in Economics, and has an MBA from the Stanford Graduate School of Business, where he was named an Arjay Miller Scholar. He serves on the national board of the “I Have a Dream” Foundation, which empowers children of low-income communities across the U.S. to achieve a college education.

Farrukh Bezar

Farrukh has over thirty years of executive and strategic advisory experience in the transportation and logistics space, with deep experience in the rail and logistics sectors. He is currently Senior Vice President of Marketing at CSX Corporation, with responsibility for leading the company’s merchandise marketing groups as well as overseeing corporate strategy. In this role, Farrukh helps to effectively identify, develop and execute initiatives that further expand the company’s business portfolio, capture market share and grow the franchise.

Prior to joining CSX, Farrukh was a Partner with Clarendon Group, Lynwood Partners, and Oliver Wyman, and a Principal at A.T. Kearney and Booz Allen, where he led strategic advisory engagements across the spectrum of the transportation and logistics space for corporate and private equity clients for over two decades. He was recognized for developing several pieces of intellectual capital, including anatomy of a successful privatization, outsourcing trends in the transportation industry and M&A valuation framework. His research has been published in Traffic World, Railway Age and Purchasing.

Prior to that, Farrukh was Vice President of Business Development and Strategic Alliances at Electron Economy, a leading provider of supply chain software. Before that, he worked in various sales and marketing positions with The Atchison Topeka and Santa Fe Railroad and as a financial analyst at Chase Manhattan Bank

Farrukh received an MBA in Management, Marketing and Transportation from the J.L. Kellogg Graduate School of Management at Northwestern University and a BA in Economics and Political Science from Northwestern University.

Joseph Kolshak

Joe has over three decades of experience in global passenger, freight and military aviation, aerospace, aircraft maintenance and supply, automotive, and energy distribution. He has led several aviation connected organizations and held senior executive positions at two global airlines. Joe currently serves on the Board of MNX Corporation, and is on the President’s Board of the Northwestern University Transportation Center.

Joe is currently CEO of NanoVapor, an emerging leader in air quality solutions to the airline, marine, railroad and energy sectors. Prior to NanoVapor, he served as CEO of Aeroman/Aveos Fleet Performance, a full-service maintenance, repair and overhaul company in the aerospace industry with locations across Canada and Central America.

Previously, Joe was SVP Operations at United Airlines, where he was responsible for all aspects of Flight Operations, Aircraft Maintenance, Airport Operations, Emergency Management and the 24x7 Operations Control Center. Before that, Joe was COO of Midwest Airlines, where he was responsible for all aspects of the airline’s operations.

Prior to that, Joe was EVP & Chief of Operations at Delta Airlines, where he was responsible for all Domestic and International Operations including Flight Operations, Maintenance, Airport Operations, Operations Control Center, Safety, Security and Compliance, and Delta Connection, Inc. (regional carriers). He served in a variety of roles across two decades at Delta, starting as a line pilot, and including Director – Investor Relations and SVP Flight Operations. Earlier in his career, Joe worked for Nissan Motor Corporation, and owned and ran a chain of fueling stations and convenience stores.

Joe earned a Bachelors of Science in Accounting from Marquette University. He served as an officer in the United States Marine Corps, where he was a pilot participating in Multinational Peacekeeping Force, an Instructor Pilot, and Assistant Operations Officer. He serves on the Executive Board of the Spiering Foundation.

Abhay Pande

Abhay has over 25 years of experience focused on M&A transactions and investments in the transportation, energy and infrastructure sectors. His private equity experience includes being a Senior Partner at Ironmont Capital Partners and Managing Director at American Capital Energy & Infrastructure, focused on infrastructure and energy investments. His responsibilities have included capital raising, the origination, diligence, negotiation, and execution of investments, and serving on the Investment Committee.

Prior to that, Abhay was a Managing Director in the investment banking department of Citigroup Global Markets (and Salomon Smith Barney before its merger with Citi), where he held numerous positions connected to the transportation and energy infrastructure sectors in North America and Asia for fifteen years. While at Citi, Abhay was strategic advisor on over 20 merger, acquisition, divestiture and fixed income transactions with total value exceeding $30 billion. He led approximately 20 IPOs and 50 follow-on equity offerings raising over $6 billion in capital primarily in the infrastructure sector. He was lead banker and advisor for several infrastructure and energy private equity firms as they executed on investments, financings and exits.

Prior to that, Abhay was a Principal in the Transportation Strategy group at management consulting firm A.T. Kearney Inc. where he worked for five years on mergers & acquisitions, corporate strategy, and restructurings assignments for Fortune 500 clients. While at Kearney, Abhay led the team that supported $4 billion in acquisitions and joint ventures for a Class I Railroad, resulting in its expanded reach from Canada into the U.S. and Mexico. Abhay also supported the strategic acquisition made by a global package express carrier as it entered a large and fast-growing market segment.

Abhay has an AB from Dartmouth College in quantitative economics and an MBA with distinction in finance and strategy from the Booth School of Business at the University of Chicago.

Steve Sashihara

Steve has over 37 years of executive leadership experience in information technology and management consulting in transportation, logistics and supply chain. He is the co-founder and CEO of Princeton Consultants, www.princeton.com, which helps clients transform their operations through "optimization," the powerful practice of using continuing developments in analytics and data science to drive business strategy and process improvement. Princeton Consultants' clients include industry leaders in rail, trucking, ocean, air and multi-modal transportation, as well as leading global manufacturing and distribution companies. Steve is also chairman of Princeton TMX, www.princetontmx.com, a transportation management software business for shippers.

A highly regarded thought leader, Steve is the author of The Optimization Edge: Reinventing Decision Making to Maximize All Your Company's Assets (McGraw Hill), www.optimizationedge.com. Steve was the keynote speaker at the annual 2018 Stifel Transportation and Logistics Conference, and in 2017 hosted a Stifel Transportation and Logistics Equity Research conference call to investors focused on Digital Disruption in the freight transportation and logistics industry. He delivered the plenary speech to the European operations research community at the OR2013 Conference in Rotterdam. He is also a frequent guest speaker at events hosted by IBM, GE and diverse professional and academic organizations. Steve has contributed articles and interviews to Forbes, Investor's Business Daily, The European Financial Review, Bloomberg Business Week, and many trade publications.

Steve earned an AB in Philosophy from Princeton University and serves on the Advisory Council for Princeton University's Department of Operations Research and Financial Engineering.

Ronald Sorrow

Ron has over 30 years of executive management and leadership experience in global air cargo/express transport, specialized motor carrier operations, rail intermodal logistics, and containerized ocean cargo transportation. He has served as CEO for three major US supply chain companies. Ron currently serves as Executive Chairman of RoadOne, a successor firm to RoadLink, and prior to that, Ron partnered with Austin Ventures to form AVRON Partners, Inc., focused on investments within the transportation, distribution and supply chain logistics sectors and was a CEO-In-Residence for the firm.

Prior to Austin Ventures, Ron was co-founder and CEO of RoadLink, the nation’s largest provider of intermodal motor carrier and related logistics services. He led the company from its start-up through the acquisitions and integrations of ten independently owned intermodal logistics companies with revenues in excess of $250 million. In 2006 Ron guided RoadLink through a highly successful sales transaction to a leading U.S. private equity firm.

Prior to RoadLink, Ron served as President and CEO for CSX Intermodal, a $1 billion intermodal rail, truck logistics and ocean container transport subsidiary of CSX Corporation. Under his leadership, CSX Intermodal grew to become the industry’s largest, fully integrated, door-to-door rail intermodal logistics network. Ron led the development of a comprehensive strategic plan for CSX’s intermodal business unit that became a critical component to the process that led to CSX’s successful acquisition of Conrail.

Earlier in his career, Ron served in a number of senior marketing/sales and operating positions with Airborne Freight Co., Saunders Leasing and Truck Systems, and Continental Trailways Bus and Express Co.

Ron is a graduate of the Terry College of Business at the University of Georgia where he was a scholarship athlete. Ron honorably served our nation as a Captain/Squadron Commander in the U.S. Air Force during the Vietnam era. Ron serves on the Board of Direct ChassisLink.

Justin Zubrod

Justin is Managing Partner of his own transportation advisory firm — Justin Zubrod & Company, LLC (JZ & Co.). The firm is a federation of professionals with decades of experience in management, consulting, and financial advisory services in logistics and transportation worldwide. The firm provides consulting, due diligence and expert testimony to a broad range of clients. Justin has decades of personal experience with clients in the rail, motor carrier, air, forwarding, 3 PL / 4 PL, package express, postal services, marine, and related service sectors. He has led more than 400 engagements concentrating on strategy, organization, mergers & acquisitions, having consulted with companies, investors, regulators, and policy makers in North and South America, Europe, Asia-Pacific, and Latin America.

Prior to establishing his own firm, Justin held a number of leadership positions in the transportation industry, including:

• Booz & Company/Booz, Allen, Hamilton: Commercial Transportation Practice Leader [Vice President/Partner — 2004-2009]

• A.T. Kearney, Inc.: Global Transportation Practice Leader [Vice President/Partner — 1987-2004; Chairman, Officer Leadership Council]