Transportation and Logistics Systems, Inc. (TLSS) operates through its wholly-owned subsidiaries, Cougar Express, Inc. and Shyp FX, Inc. as a full-service logistics and transportation provider.
Executive Management Team
President and Chief Executive Officer
For the past twenty years, Mr. Sebastian Giordano has been CEO of Ascentaur, LLC (“Ascentaur”), providing C-Level consulting services to a diverse roster of clients, including start-ups, turnarounds, and established businesses across many industries, including providing consulting services to the Company since February 2020.
From 2013 to 2018, he also served as Chief Executive Officer of WPCS International Incorporated, a NASDAQ-listed low-voltage contracting company and upon leading the Company through a successful restructuring, completed a reverse merger with DropCar, Inc.
In addition, from 1998- 2001 as new CEO of a struggling VC-backed safety training business, he revised the Company’s strategy which resulted in a successful turnaround and explosive growth which established the company as a leader in its field.
In 1990 he was appointed Chief Restructuring Officer of IPCO Corporation, a NYSE traded company and led it through Chapter 11 process and sale. Joined acquirer as its Chief Financial Officer in 1992 – 1998 and helped build retail optical chain from $40M to $150M, 65 to 400 locations and a successful IPO.
During his career, Mr. Giordano has evaluated over 100 target M&A transactions, completing over 40%, while sourcing targets, securing buyers, documentation, due diligence, integration, and financing; closed over $250M in all forms of equity, debt and other financing transactions; secured strategic relationships with and multi-million-dollar investments from numerous Fortune 100 companies; and has extensive public company experience with SEC reporting and compliance, investor relations, reverse mergers, IPOs, complex financing transactions and exit strategies.
Chief Financial Officer and Treasurer
A Certified Public Accountant, Mr. James Giordano has a BS degree in Accounting from Seton Hall University and an MBA in Finance from New York University, Leonard N. Stern Graduate School of Business. After starting his career with Price Waterhouse, working with such clients as Ingersoll Rand, Hartz Mountain, Curtis Wright, and MRC (division of Sony), he joined UBS, the 4th largest private client firm in the US providing asset management, brokerage, and investment banking services, in 1995. Starting in the External Reporting Group and taking roles in Equity Research and Municipal Securities, he quickly progressed with several promotions to Corporate Vice President before leaving in 2001. In 2001, he took a Manager, Finance role at Daiichi Sankyo, Inc., a US subsidiary of Daiichi Sankyo Co. Ltd., a Japan-based pharmaceutical and medicine manufacturing company, and proceeded to grow professionally, rapidly being promoted to Executed Director, Finance, as he supported the business growth from $90M to $2.6B over these same 12 years.
Since 2013, James has been Vice President of Finance for Key Food Stores, a $1.3 billion retail supermarket cooperative with 150 locations in the Tri-State area; Chief Financial Officer of Farren International, a $140 million provider of transportation and rigging services; and Chief Financial Officer of Freight Connections, a privately held provider of LTL and line haul transportation services and warehousing.