Atlas World Group promotes Stamm to CEO


December 14, 2006

Media Contacts:
Sara DeWitt, Atlas Van Lines, 800.638.9797, ext. 2951 dewitts@atlasworldgroup.com
A.J. Schneider, Hetrick Communications


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EVANSVILLE, Ind. — Atlas World Group Inc. has selected Jim Stamm to succeed Mike Shaffer as CEO of the transportation and relocation services corporation. Shaffer will step down as CEO, a position he's held since 1999, but will remain chairman through 2007. Formerly the president and chief operating officer, Stamm — who has served in leadership roles within the company for nearly 20 years — will continue to hold the position of vice chairman.

After leading Atlas through a period of tremendous growth and overseeing the acquisition of a cache of successful subsidiaries, Shaffer acknowledged that he looks forward to retirement after nearly 40 years with Atlas. A native of Anchorage, Alaska, Shaffer came to work for Atlas Van Lines as a dispatcher in 1969 and has held many leadership positions within the company. He is a former chairman of the American Moving and Storage Association and remains an officer.

"Having someone take the reins who is as competent and knowledgeable as Jim Stamm offers great confidence and peace of mind. Jim has helped Atlas evolve into the global relocation powerhouse it is today," Shaffer said. "Jim's leadership will continue to push Atlas toward new heights in the industry — from customer focus and innovation to financial prowess."

Stamm will assume the day-to-day responsibilities of CEO on Jan. 1, 2007, which includes work with Atlas' eight subsidiary companies, including Atlas Van Lines Inc.

A native of Fort Wayne, Ind., who served in the Vietnam War with the U.S. Marine Corps, Stamm has an extensive background in the relocation of household, high-value and commercial goods.

In 1987 Stamm joined the company as president of Atlas Van Lines' Specialized Transportation Group. He was named president and chief operating officer of Atlas Van Lines in 1999 and president and chief operating officer of Atlas World Group in 2004. Prior to joining Atlas, Stamm's background in the transportation industry included lead positions with two other nationally based carriers, where he served in various management roles involving the transportation of commercial and high-value products.

About Atlas World Group

Atlas World Group is an Evansville, Ind.-based company that posted record revenues of $949 million in 2005. Atlas World Group companies employ more than 700 people throughout North America. More than 500 Atlas agents in the United States and Canada specialize in corporate employee relocation and in the transportation of high-value items such as electronics, fine art and new fixtures and furniture. Visit www.atlasworldgroup.com for more information on the company and Atlas agents.

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