Greyhound CEO Who Began as Baggage Handler Exits After 36 Years

Greyhound Lines Chief Executive Officer Dave Leach is to leave the iconic long-distance bus operator he joined as a baggage handler in 1986 following its takeover by Germany’s FlixBus.

Dave Leach

Chris Goodney/Bloomberg

Leach, CEO since 2007, will stand down from the post while remaining as a strategic adviser until he retires at the end of the year, Flix SE said Thursday in a statement announcing the reorganization of its North American business.

Flix agreed to buy Greyhound for $172 million last October from UK-based FirstGroup Plc, which had been trying to sell the brand for years after acquiring it via a ...