Article Highlights
Former Cubic Transportation Systems president Peter Torrellas has taken a job as CEO of a supply-chain risk management software company. His nearly three-year stint at Cubic was considered unsuccessful.
Cubic faces another critical test this year of holding onto a major contract, this one in Vancouver, where transit authority TransLink plans to spend more than CA$500 million (US$351.6 million) in capital expenditures alone for its planned fare-system upgrade.
• Cubic
• apexanalytix
• KKR
• Carousel Capital
• Veritas Capital
• Elliott Investment Mgm.
• Indra
• INIT
• Accenture
Peter Torrellas, whose nearly three-year stint as president of the industry’s largest fare-system vendor ended last week, was named CEO of U.S.-based supply-chain risk management software and services company apexanalytix.
The company announced the appointment Thursday, mentioning Torrellas’ tenure at Cubic Transportation Systems, or CTS, briefly but not listing any accomplishments.
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