Newgistics Shuffles Both CEO And CFO

Austin-based Newgistics, which provides delivery, returns management, e-commerce, and other logistics management to retailers and brands, said yesterday that it has named both a new CEO and CFO. The company said it has named Todd Everett as President and CEO, and Ben Wade as Executive Vice President and CFO. The two are replacing CEO Bill Razzouk and CFO Michael Twomey, who the company said are both retiring from the company. Everett has been at Newgistics since 2005, most recently serving as General Manager and Chief Operating Officer of the company's parcel and fulfillment business. He also served at Intel. Wade has been at Newgistics since 2013, and previously was CFO of ProspX, and also served at Trilogy and PricewaterhouseCoopers.