Holman Logistics Welcomes Troy Mascarenhas as New CFO to Drive Financial Strategies
On July 24, 2025, Holman Logistics officially announced the appointment of Troy Mascarenhas as Chief Financial Officer (CFO). Based at the Federal Way Support Center, Mascarenhas will oversee all financial and accounting duties for the company, providing comprehensive leadership on fiscal matters and reporting directly to President Mike Gardner.
Troy Mascarenhas brings a wealth of experience to Holman Logistics, being a seasoned veteran in logistics, distribution, and finance. His previous roles include key leadership positions at Walmart Canada, SCM Supply Chain Management Inc., and Kane is Able, Inc. His extensive background has equipped him with the skills necessary to navigate the complexities of financial management within the logistics industry. He holds a certification as a Professional Accountant and graduated with a bachelor's degree from York University in Toronto, Canada.
In commenting on his new position, Mascarenhas expressed his enthusiasm: "I have a passion for helping companies improve profitability through continuous improvement initiatives, building high-performance teams, and streamlining operations. I am excited to join the talented Holman team and help to continue their extraordinary legacy of providing logistics services."
President Mike Gardner highlighted the immediate impact Mascarenhas is expected to have, stating, "Troy will be able to jump right in and take control of our financial future. As CFO of a privately held organization, he will be responsible for maintaining our financial discipline and helping Holman continue to provide our clients with comprehensive and expanding logistics services."
This transition comes at a significant time for Holman Logistics, as the company is experiencing accelerated growth and making strategic investments in technology and infrastructure. CEO Brien Downie emphasized that Mascarenhas’s leadership will be crucial in aligning the company's financial strategy with its long-term business goals.
Founded in 1864, Holman Logistics has established itself as a leading provider in logistics support, including warehousing, manufacturing logistics, omnichannel fulfillment, and comprehensive transportation services for a range of customers in both business-to-business and business-to-consumer markets. The company prides itself on delivering tailored solutions that are responsive to the dynamic needs of its clients.
The logistics industry is increasingly facing challenges, including the need for technological adaptation and improved efficiency. As companies strive to maintain competitiveness, leaders like Mascarenhas play a vital role in guiding their organizations through these changes. By integrating financial strategies with operational objectives, he aims to bolster Holman Logistics’ position in the market while reinforcing its commitment to customer satisfaction.
The appointment of Troy Mascarenhas can be seen as a proactive move by Holman Logistics to fortify its financial foundation and foster sustainable growth. As the company continues to expand its services, Mascarenhas's expertise will undoubtedly contribute to achieving Holman’s business aspirations and maintaining its stellar reputation in the logistics sector.