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.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Teamster Sues UPS in Federal Court to Defend Right to Speak Out

Teamster Carl Gregory filed suit in Atlanta federal district court today to defend his right to pass out palm cards to fellow Teamsters with his picture in uniform.  UPS thought they could scare Carl in giving up his rights, but they were wrong.

UPS Freight Teamsters Uniting for a Strong Contract

UPS Freight Teamsters are fed up with substandard contracts. They're getting organized to Vote NO.

View More News Posts