SIRVA Appoints Wes Lucas as New CEO

CHICAGO, July 17 /PRNewswire/ -- SIRVA, Inc., a leading relocation
services provider, announced today that it has appointed Wes Lucas as its new
chief executive officer and member of its board of directors. Lucas succeeds
Robert W. Tieken, who led SIRVA through its successful financial
reorganization.
Kevin Dowd, SIRVA's chairman of the board, said "Wes' strong leadership,
deep operational experiences, and capabilities to grow businesses will serve
the Company well as we continue to improve our operational performance,
competitive position, and increase the value we provide our customers. The
board is unanimous in its decision that Wes is the right person to provide the
sound leadership to build on SIRVA's core strengths and successfully grow our
Company. We are pleased to welcome Wes to SIRVA."
Lucas said, "I am honored to have the opportunity to join SIRVA's team.
It is a testament to the quality of SIRVA's people, and the longstanding
excellence of service to customers and agents, that SIRVA is well positioned
for success in the future. Under the leadership of the board and the
management team, SIRVA has recently taken decisive actions, and I am delighted
to build on that progress and work with this highly talented team. In SIRVA,
I see a company with great strengths and outstanding potential to create value
for our customers and our agents."
Lucas is a seasoned executive with strong leadership experiences as CEO,
chairman, and president, and with world-class companies, Fortune 500
corporations, and small private companies. Lucas comes with a deep experience
in growing companies, building execution capabilities, and developing superior
customer value. A significant example is his tenure as the chairman,
president, and CEO for Sun Chemical, the world's largest color company, with
about $4 billion in sales and 300 plants, from 2001 up to 2006. Another
significant leadership position during this period was as the co-chairman of
Kodak Polychrome, a joint venture with Kodak and the world's largest provider
of imaging equipment and materials for commercial media. Other substantial
leadership experiences include holding the positions of: the CEO and president
of Quebecor World (a $6 billion printing services company); the president of
Sytrenics, Nova Chemicals (a leader in plastics and materials); vice president
at AlliedSignal (a multi-billion dollar leading industrial company); and also
a management consultant with McKinsey & Company. Lucas received his MBA from
the Harvard Business School, and a BS in finance and accounting from the
University of California, Berkeley.
Dowd stated that, "I also want to thank Bob Tieken for his service as
SIRVA's CEO; we have been very fortunate to have his leadership and support
during our financial restructuring. Bob was instrumental in positioning SIRVA
for success in the future."
Tieken has served on the Company's board since July 2006 and became
SIRVA's CEO in August 2007, after holding the role on an interim basis since
March 2007. Tieken assumed the position of CEO to lead SIRVA through a
successful financial restructuring which was completed on May 12, 2008 and
resulted in an improved debt profile for SIRVA.
About SIRVA, Inc.
SIRVA, Inc. is a leading provider of relocation solutions to a
well-established and diverse customer base around the world. The Company
handles all aspects of relocation, including home purchase and home sale
services, household goods moving, mortgage services and home closing and
settlement services. SIRVA conducts more than 300,000 relocations per year,
transferring corporate and government employees along with individual
consumers. SIRVA's well-recognized brands include Allied, Allied
International, Allied Pickfords, Allied Special Products, DJK Residential,
Global, northAmerican, northAmerican International, SIRVA Mortgage, SIRVA
Relocation and SIRVA Settlement. More information about SIRVA can be found on
the Company's Web site at www.sirva.com.
Media Contact

United States

Christine Moore
Vice President, Marketing & Public Relations
(630) 468-4861

SOURCE SIRVA, Inc.

Christine Moore, Vice President, Marketing & Public Relations for SIRVA, Inc.,
+1-630-468-4861