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CNF Names Leslie Lundberg Vice President, Human Resources
January 31, 2006
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San Mateo, Calif., -- CNF Inc. (NYSE: CNF) has named Leslie P. Lundberg as Vice President, Human Resources.

Ms. Lundberg has over 20 years experience in the corporate human resources field.  In her new position, she will be responsible for management of CNF's corporate and executive compensation programs, leading design efforts for new health, welfare and incentive plans, supporting culture and performance initiatives, directing diversity, affirmative action and international compensation policies, and providing oversight of human resource information systems.  She will report to Douglas W. Stotlar, President and Chief Executive Officer of CNF.

"Effective human resource management and providing competitive compensation and benefit programs is critical to acquiring and retaining top-notch talent," said Stotlar.  "Leslie is a seasoned executive with recognized expertise designing and managing corporate compensation initiatives.  We welcome her to CNF and look forward to her leadership and counsel."

Ms. Lundberg joins CNF from Sun Microsystems, where since 2003 she has been Executive Director of Compensation, Benefits and Human Resource Information Systems for Sun's recently acquired StorageTek unit, a $2.1 billion business with 7,000 employees in 31 countries.  Prior to Sun, she was Vice President of Human Resources for New Era Networks, a developer of integration software and services which was subsequently acquired by Sybase Corp.

From 2000-2002 Ms. Lundberg was Human Resources Vice President for Medtronic AVE, a subsidiary of the $5 billion Medtronic Corp. and a leader in angioplasty and coronary stent technology.  She had previously advanced through increasingly responsible human resources and compensation management positions with Titanium Metals Corp., Baxter Healthcare International and Hughes Aircraft Company.

Ms. Lundberg holds a bachelor's degree in Industrial Psychology from the University of California, Berkeley, and also earned a master's degree in Industrial Labor Relations from the University of Wisconsin, Madison.

She will be located at CNF's corporate office in San Mateo, Calif.

 
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