Americold Realty Trust, Inc. (NYSE: COLD) has made a significant leadership change by unanimously appointing Robert S. Chambers as its new Chief Executive Officer, effective September 1, 2025. Chambers, who currently serves as the company's President, brings with him 12 years of experience at Americold, where he has played a key role in shaping the company's commercial business practices and corporate strategy. Prior to his current role, he held various leadership positions within the company, including President, Americas; Executive Vice President and Chief Commercial Officer; and Vice President of Commercial Finance.
Chambers has also worked outside of Americold, serving as the Chief Financial Officer of Saia Inc., a publicly listed transportation and logistics company, as well as in leadership roles at CEVA Logistics. He brings with him a broad background in supply chain and logistics, including experience at KPMG, and is a licensed CPA and Chartered Global Management Accountant.
Mark Patterson, Chairman of the Board at Americold, expressed confidence in Chambers, stating that his strategic vision and experience make him the ideal leader to guide the company, its people, and investments into the future. Chambers himself expressed excitement about the future, stating his belief in Americold's potential for long-term growth and his commitment to positioning the company as the provider of choice to the world's largest food manufacturers, distributors, and retailers.
The outgoing CEO, George Chappelle, who has had a distinguished four-decade career with the company, expressed pride in leading Americold through a period of exciting growth, including improved service levels, increased efficiencies, and expanded margins. Americold has reaffirmed its full-year 2025 financial outlook and remains focused on disciplined execution, operational excellence, and long-term value creation.
As part of its investor outreach efforts, Americold will be participating in several investment conferences over the coming months, providing investors with the opportunity to meet with members of the executive leadership team, including Chambers and Jay Wells, Executive Vice President and Chief Financial Officer.
Americold (NYSE: COLD) is a global leader in temperature-controlled logistics and real estate, with more than 230 facilities across North America, Europe, Asia-Pacific, and South America, totaling approximately 1.5 billion refrigerated cubic feet. The company plays a crucial role in the global food supply chain, connecting producers, processors, distributors, and retailers with tailored, value-added services supported by responsive and reliable supply chains. As a result of these announcements, the company's shares have moved 1.97% on the market, and are now trading at a price of $15.255. For more information, read the company's full 8-K submission here.
