"Toby brings a fount of management experience for family businesses, including how to incorporate non-family senior leadership into a values-focused family operation. He will be a welcome addition to our board.”
Schaumburg, IL (PRWEB) January 19, 2016
In a continuing effort to strengthen their corporate leadership, Sasser Family Holdings, Inc. has added Toby Luther, President/CEO of Lone Rock Resources, as an independent director on the Sasser Family Holdings Board of Directors.
“Our board is comprised of both family and non-family members. We believe good governance of Sasser is enhanced by outside perspectives that bring unique, valuable insight to guide our corporate direction,” said Fred R. Sasser, Chairman of the Board at Sasser Family Holdings. “Sasser Family Holdings and Lone Rock Resources are similar in that they share a deep history as family businesses founded on strong values and a focus on stewardship. Toby brings a fount of management experience for family businesses, including how to incorporate non-family senior leadership into a values-focused family operation. He will be a welcome addition to our board.”
Sasser Family Holdings also values Luther’s experience with other boards. Luther currently serves on the boards of Wildlife Safari, the Roseburg Area Chamber of Commerce, Umpqua Training & Employment, and the Ford Family Foundation, a $900M private foundation that creates "successful citizens and vital rural communities" in Oregon and Northern California.
Luther is the first non-family CEO to oversee closely-held Lone Rock Resources. The Roseburg, Oregon-based, second and third generation family-owned timber company manages more than 128,000 acres of forest with a dedication to sustainable forestry and social responsibility. He joined the company in 2001, and was named CEO in 2009 after holding positions as the company's chief operating officer, vice president of finance and chief financial officer. Luther currently lives in Roseburg with his wife and three children.
SASSER FAMILY HOLDINGS
ABOUT SASSER FAMILY HOLDINGS, INC:
Sasser Family Holdings, Inc. is a 4th generation, family-held transportation asset services and management company with roots dating back to 1928. Their subsidiary business
units include Chicago Freight Car Leasing Co., Union Leasing, Inc. and its division, Express 4x4 Truck Rental, CF Rail Services LLC, CF Asia Pacific Group PTY Ltd., NxGen Rail Services LLC, and Xcēd Aviation Services, LLC. The businesses are leaders in providing commercial and industrial focused rail, ground support, and vehicle transportation equipment solutions including asset leasing, fleet administration management, asset repair and maintenance, and innovative technology solutions throughout North America and Australia. For more information, visit http://www.sfhsinc.com.