Milestone Equipment Holdings Promotes Don Clayton to Chief Executive Officer
ST. CHARLES, MO (July 11, 2017) – Milestone is proud to announce that Don Clayton has been promoted to the role of President and Chief Executive Officer, and appointed to the Board of Directors. Clayton joined Milestone in August 2016 as Vice President and Chief Financial Officer. Previously, Don served on the executive team of nationwide industrial distributor HD Supply Waterworks for 11 years, including eight years as Chief Financial Officer. He also served in the financial services practice of global professional services firm PwC for seven years.
“We are very pleased that Don will lead the Milestone organization into the future,” says Tom Juterbock, who represents Barings Alternative Investments on the Milestone Board of Directors. “Since joining Milestone, Don has worked closely with management and the Board to develop and execute the company’s strategic plan, while driving numerous initiatives that will allow the company to capitalize on future growth opportunities.”
“I am honored to continue serving Milestone in this new role,” says Clayton. “The transportation industry is constantly changing and Milestone is positioned to serve the market very effectively with our wide range of products, expert solutions and world-class customer service. We are driven to grow our business by making our customers more successful, while serving as an employer of choice in our industry. It is an exciting time to be part of the Milestone organization.”
About Milestone Equipment Holdings, LLC
Milestone is a full-service transportation equipment leasing and asset management company specializing in motor carrier equipment and rail industry intermodal assets including: Chassis, Domestic Containers, Flatbed Trailers, Highway Trailers, Intermodal Trailers (Piggybacks), and Refrigerated Containers and Trailers.
Headquartered in St. Charles, MO with regional offices in Chicago, IL and Kansas City, MO plus our nationwide branch network, Milestone has acquired intermodal and highway fleets for our operations since 1995, while managing and leasing equipment on behalf of institutional and private investors. Customers include Class I Railroads, Truckload Carriers, Less-Than-Truckload Carriers, Drayage Companies, Intermodal Marketing Companies, 3PL’s, Private Shippers, Barge Operators, and Shipping Lines. The Milestone fleet allows all of these industry segments to maximize equipment utilization and transportation efficiency without the burden of owning their own equipment.
Our management services include the origination and administration of leases, arranging debt and equity financing, operating and maintaining equipment in daily rental service, and administrating the returns of equipment portfolios.