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Home Truck Industry News

Toll Group names new Executive Chairman

by Staff Writer
July 2, 2025
in People Movements, Toll Group latest news, Truck Industry News
Reading Time: 2 mins read
A A
Image: Toll Group.

Image: Toll Group.

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Toll Group has announced the appointment of Thomas Knudsen as Executive Chairman.

The appointment follows the departure of Toll Group Managing Director, Alan Beacham, and will see Knudsen take on the role in an interim capacity.

Knudsen has more than three decades of experience in global logistics and leadership across Asia, Europe, the Middle East and the United States.

Having joined Toll in 2018 as President of Global Forwarding, he later served as Managing Director from 2020 to 2022 and most recently as Non-Executive Chairman from 2022 to 2025.

“Toll has a proud history and a strong future,” Knudsen said.

“I’m honoured to step into this role at a pivotal time and continue working alongside a talented leadership team committed to delivering for our customers, people and partners.

“My focus will be on stability, execution, and momentum as we transition into our next chapter.”

As Executive Chairman, Knudsen will provide executive oversight while continuing to work closely with the Toll Board and executive leadership team to ensure continuity of operations and a sharp focus on business performance.

In addition to his extensive experience with Toll, he currently advises several private equity and investment firms – bringing strong commercial insight and a global perspective on capital strategy and business transformation.

Knudsen has played a significant role in strengthening Toll’s global operations over the years, including navigating the business through the challenges of the Covid-19 pandemic and driving key innovation and efficiency initiatives.

Originally from Denmark, he has been based in Singapore since 2010.

He holds an Executive Master of Management in Supply Chain from IE Business School in Madrid and has completed executive programs at Harvard Business School, INSEAD and Cranfield School of Management.

In other news, interstate fuel distributor, Refuel Australia, is celebrating its 25th anniversary.

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