The FESCO Transportation Group announced that Steven Hellman has been appointed as Chief Restructuring Officer of the Group effective July 6, 2016. Mr. Hellman will lead the Group's debt restructuring process and will act on behalf of the management of the Group with respect to all matters related to the Group's restructuring initiatives. Mr. Hellman spent the last 12 years at Credit Suisse Group AG where he held various leadership positions, most recently Chief Executive Officer of Russia & CIS. Mr. Hellman brings a high level of expertise and experience in corporate finance, financial restructuring and law to the role of the Group CRO.