Don Clayton was promoted to the role of president and CEO of Milestone Equipment Holdings. Clayton, who was also appointed to the board of directors, joined Milestone in August 2016 as vice president and chief financial officer. Previously, he served on the executive team of nationwide industrial distributor HD Supply Waterworks for 11 years, including eight years as chief financial officer. He also served in the financial services practice of global professional services firm PwC for seven years.

“We are very pleased that Don will lead the Milestone organization into the future,” said Tom Juterbock, who represents Barings Alternative Investments on the Milestone board of directors. “Since joining Milestone, Don has worked closely with management and the board to develop and execute the company’s strategic plan, while driving numerous initiatives that will allow the company to capitalize on future growth opportunities.”

“I am honored to continue serving Milestone in this new role,” Clayton said. “The transportation industry is constantly changing and Milestone is positioned to serve the market very effectively with our wide range of products, expert solutions and world-class customer service. We are driven to grow our business by making our customers more successful, while serving as an employer of choice in our industry. It is an exciting time to be part of the Milestone organization.”

Milestone is a transportation equipment leasing and asset management company specializing in motor carrier equipment and rail industry intermodal assets. Headquartered in St. Charles, MO with regional offices in Chicago and Kansas City, MO, Milestone has acquired intermodal and highway fleets since 1995, while managing and leasing equipment on behalf of institutional and private investors.