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Vincent A. Wasik was appointed as Velocity Express Chairman of the Board in August 2001 and was further appointed President and Chief Executive Officer in July 2003. Mr. Wasik is also the Co-Founder and a Principal of MCG Global. With MCG Global and previously as President of Fidelco Capital Group, Mr. Wasik has been the sponsor of numerous private equity and leveraged buyout transactions. Mr. Wasik has served as Chairman and CEO of National Car Rental System, Inc., after leading the $1.6 billion leveraged buyout from Household International in 1986. As Vice President of Wesray Corp., he participated in a number of transactions such as Gibson Greeting Cards, RCA Mobile Communications and Avis Car Rental. Prior to Wesray he strategically positioned Holland America Line as one of the industry's leading upscale cruise lines, serving as the company's President and CEO. In addition, he has been Executive Vice President and a Board Member of the Hertz Corporation. Mr. Wasik is also an Advisory Board Member of Mitchell's/Richards, the largest upscale clothing retailer in Connecticut.
Mr. Wasik holds both a Bachelor of Arts (Cum Laude) and a Masters of Business Administration degree from Michigan State University. He has served as a Captain in the U.S. Army, receiving the Army Commendation Medal for outstanding achievements. In addition, he has been awarded the Chicago Tribune Silver Award for Leadership.
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