Former Executive Chairman and CEO of GENCO
Herb Shear is the Chairman of the Shear Family Office, which manages the Shear Family Foundation and the Shear Family Investments. Herb was formally the Executive Chairman and CEO of GENCO. In 2014, the business was sold to FedEx.
Herb joined GENCO in 1971 and became the family's third generation involved in the logistics business. Herb successfully led the company’s growth from a $300,000 business to a $1.6 billion company.
Herb is the first recipient of the Reverse Logistics Association’s Lifetime Achievement Award. He is a past recipient of the Council of Supply Chain Management Professionals’ Distinguished Service Award, the association's highest honor to an individual who has made significant, career-long contributions to the supply chain management and logistics professions.
Herb is also a past recipient of the Syracuse University Martin J. Whitman School of Management’s Salzberg Medallion, awarded annually to an outstanding practitioner, advocate, academician or researcher in the field of transportation, distribution, and logistics management, and to companies for pioneering ideas and policies that have reshaped the industry.
Herb is a past member of the Defense Business Board and has led its Supply Chain Task Group. The board is comprised of industry leaders who advise the U.S. Department of Defense on industry best business practices and presents findings to the Secretary of Defense for consideration to bring efficiencies to existing government operations.
Herb holds a bachelor’s degree in Finance and completed post-graduate studies in Business Administration from Southern Illinois University. He has also completed Executive Entrepreneurial and Leadership Programs at Stanford University, Carnegie Mellon University, and Northwestern University. He serves on the Board of Directors for the University of Pittsburgh, BDP International, Lazer Spot, and the Greater Pittsburgh Community Food Bank.