Teamsters urge 'no' vote on YRC compensation package

Austin Alonzo
Kansas City Business Journal
April 22, 2014

Leaders of the International Brotherhood of Teamsters are asking YRC shareholders to vote against a number of proposals concerning executive compensation at YRC Worldwide Inc.

The Kansas City Business Journalobtained a letter dated April 4 addressed to YRC shareholders and signed by Ken Hall, general secretary-treasurer of the Teamsters. On behalf of the union, the letter asks shareholders to withhold support for Michael KneelandMatthew Doheny and James Hoffman serving on the board's Compensation Committee, to vote against a proposal approving executive compensation and to vote against a proposal that would endorse YRC's amended and restated 2011 incentive and equity award plan.

Click here to read more at the Kansas City Business Journal.


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