Richard H Waryn
Chief Executive Officer
LDK Logistics Inc.
Industry: Transportation & Logistics
Richard Waryn has a unique perspective on what makes a good company great.
Waryn is CEO of LDK Logistics Inc., a leader in the transportation and logistics industry. He started his career in international private equity where he managed funds worth over $6 billion investing in emerging markets around the world. A Harvard graduate, Waryn lived in London, Moscow and Dubai before he settled in Denver with his family. After acquiring LDK in 2015 with the intention of building it into a platform company that would acquire other strategic companies in the transport and logistics space, Waryn focused on empowering and developing his core management team at the company.
Waryn has built a very unique niche in logistics, focusing on high end “velvet glove” services across several verticals. These include: High Tech Computer, Medical Equipment, Telecommunications, Retail, Kiosks, Display, Trade Show and other High Value/ High Visibility Items and situations. According to Waryn, high value products and incredibly important clients require the highest level of diligence and creativity on-site to service the end customer at a level commensurate with the product.
“Our Velvet Glove service is flawless and proactive to ensure that the client’s changing needs are met with outstanding service that is sure to exceed the expectations of the client,” Waryn said. “Quality and service go hand-in-hand.”
In addition to his development of proprietary software that enables the company to punch above its weight, LDK’s success can also be attributed to prompt response times, continued customer courtesy and an honest business approach. According to Waryn, it clearly differentiates LDK from the competition.
Waryn’s hard work and dedication has certainly paid off. According to Waryn, LDK will be approaching a $100 million revenue company in five years through a combination of organic growth and strategic acquisitions.
Since acquiring the company in 2015 Waryn has more than doubled both revenues and profitability. He has also created a healthy work culture that attracts employees and retains them exceptionally well. LDK has consistently won awards such as Colorado Companies to watch; industry awards such as the Air Forwarders Association award for excellence. Richard has given radio and print interviews on the future of logistics and has appeared on television business programs such as Bloomberg TV.
“We will continue to maintain the highest levels of customer service and empower our employees to reach their fullest potential,” Waryn said.
And many would agree that Waryn has redefined potential. For his tremendous success in the transportation and logistics industry and his ability to raise the bar of innovation, Waryn has been named a Titan 100.
Words of Wisdom
“Be open to experiences beyond your comfort zone. You might discover new passions you never knew you had. Work hard, don’t complain too much and have a vision for how you want to live and do what you can to help others reach their potentials. Helping others is a reward in itself and bringing good people together who are motivated to do their best is when the magic happens!”
Richard is responsible for all high-level decisions, financial structuring, and providing strategic vision for the company. Previously, he spent over 20 years in international private equity managing a series of funds that invested in a wide variety of companies throughout Europe, Asia, Russia and the Middle East. He was based in Washington DC, London, Moscow and Dubai. Prior to acquiring LDK, he ran part of the Sovereign Wealth Fund of Dubai and worked directly with Sheikh Mohamed and his team. According to Richard, “it was in interesting ride”!
had tea with the Queen if England
at a Royal Polo match that was hosted by a good friend.