Herb Shear joined the board of The Pittsburgh Foundation in 2021. He serves as chairman of the Shear Family Office (SFO) and G2.0. The SFO manages the Shear Family Foundation and the Shear Family Investments. G2.0 is a company focused on the reverse logistics supply chain. Shear was formerly the executive chairman and CEO of GENCO, which he successfully grew from a $300,000 business to a $1.6 billion company that was sold in 2014 to FedEx.
When Shear joined GENCO in 1971 he was the family’s third generation involved in the logistics business and received numerous awards for his work. He is the first person to receive the Reverse Logistics Association’s Lifetime Achievement Award. He was awarded the Council of Supply Chain Management Professionals’ Distinguished Service Award, the association’s highest honor to an individual for significant, career-long contributions to the supply chain management and logistics professions. He also received the Syracuse University Martin J. Whitman School of Management’s Salzberg Medallion, which is awarded annually to an outstanding practitioner, advocate, academician or researcher in the field of transportation, distribution and logistics management, and to companies for pioneering ideas and policies that have reshaped the industry.
Shear is a past member of the Defense Business Board, which is comprised of industry leaders who advise the U.S. Department of Defense on industry best business practices and present findings to the secretary of defense to bring efficiencies to existing government operations. He led the Board’s Supply Chain Task Group.
He holds a bachelor’s degree in finance and completed post-graduate studies in business administration from Southern Illinois University. He has also completed executive entrepreneurial and leadership programs at Stanford University, Carnegie Mellon University and Northwestern University. He serves on the board of directors of the University of Pittsburgh.