Business
Industrial Logistics Properties Trust Elects June Youngs to Board of Trustees
Expanded Board Includes 71% Independent Trustees, 29% Women and 14% Members of Underrepresented Communities NEWTON, Mass.--(BUSINESS WIRE)-- Industrial
About this update from Industrial Logistics Properties Trust
[{"type":"text","content":"\nExpanded Board Includes 71% Independent Trustees, 29% Women and 14% Members of Underrepresented Communities\n\n NEWTON, Mass.--(BUSINESS WIRE)--\nIndustrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it has elected June S. Youngs to its Board of Trustees as an Independent Trustee, effective immediately. With the addition of Ms. Youngs, ILPT’s Board now includes seven Trustees, consisting of approximately 71% Independent Trustees, 29% women and 14% members of underrepresented communities.\n\nMs. Youngs recently retired as Vice President of Corporate Logistics for CVS Health, where she was responsible for all aspects of corporate logistics, including planning, budgeting and analysis, distribution services, logistics quality and compliance oversight, industrial engineering, continuous improvement and supply chain transformation. Previously, Ms. Youngs served as Vice President of Distribution Operations, responsible for oversight of Distribution Center Operations for nearly 4,000 CVS Health retail locations, as well as nine distribution centers. Prior to joining CVS in 2014, Ms. Youngs was the Director of North American Supply Chain for Ocean Spray Cranberries, responsible for the planning, implementation and optimization of all activities required for the delivery of raw materials through finished products. Earlier in her career, Ms. Youngs served as Senior Vice President of Global Supply Chain and Logistics for Hasbro and as Director of Transportation and Distribution Services for Nabisco.\n\nMs. Youngs is on the board of visitors of Northeastern University’s D’Amore-McKim School of Business and served on the Supply Chain Advisory Boards for both Northeastern University and the University of Rhode Island. Ms. Youngs is a past Vice Chair and Board Member of the New England Chapter of the National Industrial Transportation League and the Council of Supply Chain Management Professionals. Ms. Youngs also served on the CVS Health Diversity Management Leadership Council, which is primarily responsible for leading, championing and executing on the company’s Strategic Diversity Management strategy.\n\nAn expert in the logistics industry listed in the Who’s Who of American Women, Ms. Youngs was named one of the Top 20 Logistics’ Professionals in 2000 and received the “Women of Influence in the Northeast” award from th...