Street Calls of the Week
Hub Group, Inc. (NASDAQ:HUBG), a transportation management company with a market capitalization of $2.2 billion and an EBITDA of $326 million in the last twelve months, reported that Thomas P. LaFrance, Executive Vice President, Chief Legal Officer and Corporate Secretary, has notified the company of his decision to retire from his current role effective January 2, 2026. The announcement was made Thursday, according to a statement based on a recent SEC filing. According to InvestingPro analysis, the company appears undervalued based on its Fair Value calculations.
LaFrance is expected to assist with transition activities through March 6, 2026, as part of an agreement with the company.
Eric Braun will join Hub Group on October 29, 2025, and is set to assume the roles of Executive Vice President, Chief Legal Officer, and Corporate Secretary effective January 3, 2026. Braun brings over 20 years of experience from Caterpillar, Inc., where he held various senior legal positions, most recently serving as Vice President and Deputy General Counsel supporting Caterpillar’s Energy & Transportation business segment and overseeing global litigation. His previous responsibilities at Caterpillar included legal leadership for compliance, intellectual property, commercial, trade, and regulatory matters. Prior to his tenure at Caterpillar, Braun was a lawyer at Greenebaum Doll & McDonald. He holds degrees from Centre College and the University of Kentucky College of Law.
The information in this article is based on a press release statement and a Form 8-K filing with the Securities and Exchange Commission.
In other recent news, Hub Group reported its second-quarter 2025 earnings, showing a modest beat on earnings per share (EPS) expectations while slightly missing revenue forecasts. The company posted an EPS of $0.45, surpassing the anticipated $0.44, but revenue came in at $905.6 million, which was below the forecasted $918.11 million. Despite these mixed results, Benchmark maintained its Buy rating on Hub Group, setting a price target of $40.00. The research firm highlighted the company’s positive outlook regarding the proposed merger between Union Pacific and Norfolk Southern, which are Hub Group’s exclusive rail partners in the United States. These developments indicate a focus on strategic partnerships and potential future benefits from the merger.
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