VHB
VHB Chief Operating Officer Bill Ashworth has been selected as the firm’s next President and CEO, succeeding Mike Carragher, who will continue in the position for the remainder of 2025 to help execute a transition plan. Ashworth will officially take on his role as President in January 2026, working closely with Carragher until he fully transitions into the President and CEO role in July 2026, according to VHB, which partners with clients in the transportation, real estate, institutional, and energy industries, as well as federal, state, and local governments. Carragher will continue to serve as the firm’s Chair for the next several years, VHB said.
“Bill has been making a positive impact at VHB since joining the firm early in his career as a traffic engineer 29 years ago in our Providence office,” VHB reported Aug. 4. “His career progression is a reflection of his commitment and leadership.” He advanced through various roles within VHB’s Rhode Island office, including Transportation Director, before being named Managing Director. He then served as the New England Regional Manager before being appointed as Chief Operating Officer in 2017.
“I’ve been so fortunate to have been given opportunities to grow my career at VHB alongside incredible colleagues over the past 29 years,” Ashworth said. “I truly love this company, and I care deeply about our people, our purpose, and our future. It’s an honor and a privilege to have the opportunity to lead our generational company.”
“During the interview process for the President and CEO role, Bill outlined a very compelling, future-focused vivid description for achieving VHB’s vision and success, demonstrating his deep and thoughtful consideration of the rapid pace of change and looking out longer-term,” Mike Carragher said.
VHB has more than 30 offices on the East Coast, spanning Connecticut; Washington, D.C.; Virginia; Georgia; Florida; Maine; Maryland; Massachusetts; New Hampshire; New Jersey; New York; North Carolina; Vermont; and Rhode Island.
Further Reading:
- VHB Launches Energy Consultancy Division
- HB Opens Larger Newark, N.J., Office
- VHB: NYC Office Experiences ‘Unprecedented Growth’
LX Pantos
David Bang has been named CEO, Americas for Seoul, South Korea-based LX Pantos, a global logistics company with end-to-end supply chain solutions, including freight forwarding, contract logistics, intermodal transportation, rail services and e-commerce logistics. With more than 30 years of logistics experience, Bang will lead approximately 2,000 employees across key markets in North and South America.
Before joining LX Pantos, which is a part of LX Group—a South Korean conglomerate with more than $16.8 billion in annual revenue that emerged from a spin-off of LG Group in 2021—Bang served as Global Chief Commercial Officer at JAS Worldwide, where he is said to have transformed its commercial footprint into a globally recognized logistics provider, particularly in the key industries such as automotive, aerospace and defense, pharma and healthcare, energy solutions, and technology. He also spent more than 20 years at DHL as a co-founder and CEO of a joint venture between DHL and Lufthansa Cargo for bio-pharma temperature-controlled international logistics.
“We expect David Bang to elevate our business in the Americas—a strategic region for LX Pantos—to the next level, based on his abundant experience and network in the global market,” LX Pantos CEO Lee Yong-ho said.
