Dallas-based Billy Saracino has been appointed chief executive officer of San Francisco area-based Turvo Inc., provider of what it calls the world’s leading collaboration application designed specifically for the supply chain.
The announcement was made by parent company, Lineage Logistics LLC and Bay Grove, which said that Sarracino will be transitioning from his role as chief financial officer, where he has served since 2019. Turvo has an office in Dallas and Hyderabad, India.
“At Lineage we are committed to transforming the world’s supply chain to eliminate waste and help feed the world,” Sudarsan Thattai, Lineage’s CIO and chief transformation officer, said in a statement. “Turvo is integral to Lineage’s digital transformation and with Billy transitioning to CEO, we are confident Turvo is well-positioned to continue developing the world’s most innovative collaborative TMS platform to help achieve our mission.”
The company said that former chairman and CEO Scott Lang will continue to serve as adviser to Turvo.
End-to-end transportation management software
Turvo provides freight brokers, third party logistics providers (3PLs), and shippers with modern transportation management software (TMS) including its award-winning Turvo Collaboration Cloud platform and TMS applications. During Sarracino’s tenure as CFO at Turvo, he developed the company’s financial organization, secured financing from strategic partners, and led the sale of Turvo to Lineage and Bay Grove, as a strategic long-term play.
“I’m excited for this tremendous opportunity to lead Turvo into its next phase of growth,” Sarracino said in a statement. “We remain steadfast in our mission to unify and automate the global supply chain by offering a differentiated TMS product. Our customers remain our primary focus as we continue to develop best-in-class supply chain technology with first-to-market solutions centered around Turvo’s collaborative architecture and network-approach.”
Lineage and Bay Grove acquired Turvo in June 2022 with the goal of supporting Turvo in developing enterprise TMS solutions for visibility and collaboration across the global supply chain, the companies said. Turvo will continue to operate independently, focused on its customers and investing behind its technology offering to expand into new and adjacent markets.
“The past three and half years being a part of Turvo’s evolution — from an early-stage tech company to a domain leader in TMS for the global supply chain — has been an incredible journey,” Lang said in a statement. “The company is in the best position it has ever been in and will continue to thrive under Billy’s leadership with backing from Lineage and Bay Grove.”
Turvo said it connects people and organizations, allowing shippers, logistics providers, and carriers to unite their supply chains, deliver outstanding customer experiences, collaborate in real-time, and accelerate growth.
Its technology unifies all systems, internal and external, providing one end-to-end solution to execute all operations and analytics while eliminating redundant manual tasks and automating business processes. Turvo customers include Fortune 500 logistics service providers, shippers, and freight brokers.
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