NewRoad Capital Partners hires ex-Walmart, Transplace exec Tracy Rosser

Rogers firm NewRoad Capital Partners, Arkansas’ largest private equity fund, has hired Tracy Rosser as a strategic advisor. According to a news release Monday (Feb. 13), Rosser brings NewRoad’s roster to six operating partners and six strategic advisors.

“We are thrilled to add Tracy to our team,” NewRoad partner Tracy Black said in the release. “His experience leading both large enterprise and innovative technology businesses will provide a wealth of knowledge that can be leveraged by our portfolio companies. Additionally, his operating expertise and supply chain industry knowledge will serve as great resources in helping us further refine and execute against our investment thesis.”

Transplace/Uber Freight hired Rosser in May 2019 as executive vice president of operations. He led all transportation management activities to support $17 billion of freight under management.

Before that, he spent 22 years at Walmart Inc., most recently as senior vice president of transportation and supply chain. Rosser also was COO of Walmart Transportation and senior vice president of store operations for the southeastern United States during his tenure with the company.

Rosser began his career in the truckload transportation industry in operations and commercial development roles.

“I am thrilled to be joining the NewRoad Capital team,” Rosser said. “It’s an honor to be a part of this highly talented and experienced team whom I look forward to working with to further the mission of NewRoad Capital. I’m excited to bring meaningful value to the portfolio companies and their management teams who have established a unique competitive advantage in the market, driving value for NewRoad investors.”

Founded in 2012, NewRoad invests in high-growth supply chain and logistics technology companies and consumer brands with innovative technologies, products and services.

Clete Brewer and Jeremy Wilson are the managing partners.