World Group's Joey Palmer and Duncan Wright move up as co-CEOs

US-based World Group, which owns a portfolio of logistics and supply chain brands, has appointed Joey Palmer (above) and Duncan Wright (below) as co-chief executives, replacing Fred Hunger, who becomes executive chairman,

Mr Hunger, son of Jack Hunger, founder of World Shipping before it transformed into World Group, said: “Stepping into the executive chairman role, I am ready, and excited to see Joey and Duncan take the lead.

“It is certainly unique, the co-CEO setup, but we have done our homework. Turns ...