Justin Cardaci, chief executive of Centurion and a long-time leader of the family-owned CFC group, is stepping down unexpectedly after nearly 12 years in the role. Multiple reports say the change is sudden and comes following a period leading the transport group as part of the Cardaci family’s business interests. The company says it will move to replace Cardaci and has begun a process to install leadership following his departure.
Business News reports that Cardaci is planning to step down as chief executive of the CFC Group subsidiary, Centurion. That outlet also states that Michael West, an executive associated with CFC, will move into the position as interim chief executive. Other reporting similarly notes that West is expected to take over while arrangements for the longer-term appointment are made.
The outlets agree on the timing—Cardaci’s sudden departure after more than a decade—and on the immediate next step, with Michael West stepping in to ensure continuity at the top of the business.
