8VC names former UPS EVP as advisor

Venture capital fund 8VC has announced Alan Gershenhorn, former Executive Vice President and Chief Commercial Officer of United Parcel Service, Inc., (NYSE: UPS), has joined the firm as an advisor, the company said.

Gershenhorn will lend his expertise as a global transportation and logistics leader to 8VC´s portfolio companies, which include Alloy, Boom, Deliverr, Freightwaves, Joby Aviation, LoadDocs, Platform Science, project 44, Trackonomy, and Vector.

Gershenhorn joins 8VC´s logistics advisory team alongside Chris Sultemeier, former EVP of Logistics at Walmart Stores (NYSE: WMT), and Shaleen Devgun, CIO and EVP at Schneider (NYSE: SNDR), adding his decades of experience to the firm´s network of advisors.

At UPS, Gershenhorn led and participated in numerous transformational strategies, helping to reshape the company from a USD 3.3B US centric ground small package delivery company to a USD 65B leader in global logistics and supply chain solutions.

8VC is dedicated to solving real-world problems through industry transformation. 8VC manages over USD 1.5 billion and its portfolio includes companies from high-opportunity industries, including bio-IT, logistics, finance, real estate, and ecommerce.