Early Life and Education
Adam Forste grew up outside of Boston and graduated from Dartmouth College in 2000. His early career began at Morgan Stanley, where he spent three years in the investment banking group, starting in New York and later in San Francisco. This experience provided a strong foundation in finance and business strategy.
Rise to Success
In 2003, Forste joined Kohlberg Kravis Roberts & Co. (KKR), where he worked on power-related transactions valued over $7.7 billion and evaluated deals in the energy, retail, and consumer industries. In 2007, he co-founded Bay Grove, the original owner-operator of Lineage Logistics, serving as Managing Partner. This marked a pivotal shift towards the cold storage and logistics sector.
Key Business Strategies
Forste is Co-Executive Chairman of Lineage, and he has been instrumental in its rapid expansion. Lineage has grown significantly through strategic acquisitions, with over 116 acquisitions. The company focuses on technological advancements, including the LinOS warehouse execution system and the opening of fully automated cold storage facilities. Lineage's infrastructure touches over 400 billion pounds of food annually, making it a critical part of the global food supply chain. The company went public in 2024, raising over $4.4 billion in its IPO.
Philanthropy
Adam Forste is also involved in philanthropy, and he is a board member of The Global Cold Chain Foundation.
