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Press Release.

8.26.13

Morgan Samuels Places CEO at South Florida Logistics Services

August 26, 2013 – Leading human capital consulting firm Morgan Samuels has announced the placement of Chris Scott as Chief Executive Officer of South Florida Logistics Services, Florida East Coast Industries’ new logistics services business. With a focus on retained executive search, Morgan Samuels provides innovative and strategic services focused on identifying, attracting, and retaining top executive talent. In his new role, Mr. Scott will be responsible for the overall development, introduction, management, and financial performance of this multi-million dollar start-up logistics services business from the ground up.

A wholly owned subsidiary of Florida East Coast Industries, Inc. (“FECI”), South Florida Logistics Services (“SFLS”) is an integrated logistics company that offers a wide range of logistics services and solutions. Its parent company, FECI, is a major transportation infrastructure and real estate company with substantial assets and investments throughout the state of Florida totaling over $3 billion. FECI is a majority-owned portfolio company of private equity funds managed by Fortress Investment Group. SFLS owns over 1,300 acres of strategic land, representing one of the largest entitled industrial development opportunities in the southeastern United States. SFLS is executing a plan for the development of logistics parks and similar industrial properties on its core land holdings and the establishment of a logistics operating business to provide services directly to tenants in the buildings.

Mr. Scott has over 25 years of supply chain, distribution, logistics, inventory management, procurement, and sales experience with an extensive track record of success over multiple Fortune 500 companies, states, and locations. He was most recently Senior Vice President, Supply Chain and Logistics for Winn-Dixie Stores, Incorporated. Prior to his tenure at Winn-Dixie, Mr. Scott was Vice President, South East Operations and National Accounts for Marriott Distribution Services, a division of Marriott International, Incorporated. Mr. Scott received a BS degree in Social Science from Jacksonville University.

“This is a once in a lifetime opportunity to establish a logistics company from the ground up. Chris has the right combination of proven experience and vision to build this business to create value through a combination of real estate development and maximizing operational and financial performance. This is truly a career defining position,” said Lynn Wu, Principal, who led this search along with Chairman & Chief Executive Officer Bert Hensley on behalf of Morgan Samuels for Florida East Coast Industries, Inc. and Fortress Investment Group.

About Morgan Samuels

Morgan Samuels is a leading human capital consulting firm dedicated to helping its clients realize their vision by identifying and solving their most mission critical human capital imperatives. For over 45 years the firm has created and implemented breakthrough human capital strategies that impact companies at the organizational, team and individual levels.

Complementing its core competency in retained executive search, Morgan Samuels offers additional results-driven consulting solutions designed to unleash the power of human capital and revolutionize leadership performance. Whether it’s through identifying, attracting and acquiring best-in-class talent, or developing, equipping and retaining existing critical talent, Morgan Samuels enables its clients to truly innovate, accelerate, and transform – instead of just perform.