Lineage Logistics (Lineage), one of the leading temperature-controlled industrial REIT and logistics solutions providers, has appointed Rob Crisci as Chief Financial Officer (CFO). Crisci brings more than 25 years of financial leadership experience in the industrial and technology sectors. He will report to Lineage’s President & Chief Executive Officer (CEO), Greg Lehmkuhl.
What does Crisci bring to Lineage in the role?
Crisci joins Lineage from Roper Technologies, a constituent of the S&P 500 and Fortune 500 that operates 27 independent businesses across multiple end markets, where he most recently served as the company’s Executive Vice President and Chief Financial Officer.
In that role, he oversaw the multi-billion-dollar business’s global financial operation and played a central role in its transformation from a cyclical industrial company to one focused primarily on software, helping to increase recurring revenue, operating margins and organic growth.
As a deeply experienced M&A professional, he deployed over $20bn in capital and led key acquisitions for Roper as it underwent its portfolio transformation. Prior to being CFO, he spent four years as VP of Finance and Investor Relations, enhancing the firm’s relationships with banks, institutional investors, governance advisors and other key financial stakeholders. During Rob’s tenure, Roper’s market capitalization grew from $12 billion to over $45 billion.
Prior to his stint at Roper, Rob worked in investment banking at VRA Partners and Morgan Keegan, as a buy-side advisor at Devon Value Advisers and as a Capital Markets Consultant at Deloitte & Touche. Crisci’s experience leading highly-engaged teams and long history of delivering strong financial performance has been recognized by Institutional Investor, who named him to its All-American Executive team in 2019 for the Multi-Industry CFO category.
What does the appointment mean for Lineage?
“On behalf of Lineage’s management team and Board of Directors, we could not be more excited to have Rob join us as our CFO. Rob is a proven public company financial leader who brings extensive operational and strategic expertise and a deep knowledge of the industrials and technology sectors. He will be an invaluable addition to the Lineage leadership team as we continue into our next phase of growth and expansion,” said Lehmkuhl, CEO of Lineage.
“I am thoroughly impressed with the incredible global growth Lineage has achieved over the past 10 years and look forward to leading its world-class finance team at such a pivotal point in the company’s history. I am excited for the opportunity to partner with Greg, the executive team, and the Board to further advance Lineage’s position as the world’s leading and most innovative temperature-controlled logistics company,” said Rob Crisci, CFO of Lineage.