Brink’s Co. names new CEO

Published June 10, 2016 by Jessica Sabbath

Richmond-based Brink’s Co. named a new CEO and president Friday.

The security company said Douglas A. Pertz, 61, will lead the company starting July 1. He also will serve on the board of directors.

Pertz most recently was CEO of Recall Holdings Ltd., leading the Recall’s initial public offering in 2013 and negotiating its $2.9 billion acquisition by Iron Mountain Inc. this year.

Pertz also has served as CEO of IMC Global, Culligan Water Technologies and Clipper Windpower. In addition, he held senior management roles at Danaher Corp. and as partner at One Equity Partners and Bolder Capital.

Pertz succeeds George I. Stoeckert, who has been interim CEO since the retirement of Thomas Schievelbein on May 6.

Brink’s announced Schievelbein’s early retirement in January when the company reached an agreement with activist investor Starboard Value LP. As part of that agreement, Starboard added three members to Brink’s board, including Stoeckert.