Transportation and Logistics Systems, Inc. announced that, effective as of January 3, 2022, Mr. James Giordano has joined the Company as its new Chief Financial Officer replacing Mr. John Mercadante, who, in addition to his previous roles as Chairman and CEO, also held the CFO title. Mr. Mercadante will continue as a valued member of the company's Board of Directors. After starting his career with Price Waterhouse, working with such clients as Ingersoll Rand, Hartz Mountain, Curtis Wright, and MRC (division of Sony), Mr. James Giordano joined UBS in 1995.

Starting in the External Reporting Group and taking roles in Equity Research and Municipal Securities, he quickly progressed with several promotions to Corporate Vice President before leaving in 2001. In 2001, he took a Manager, Finance role at Daiichi Sankyo, Inc., a US subsidiary of Daiichi Sankyo Co. Ltd.