YRC Exec Gets $1 Million Parachute

September 27, 2011: YRC Worldwide’s new CEO James L. Welch eliminated two executive positions at the trucking giant as he reorganizes its management team and functions.

Dismissed are Chief Marketing Officer Gregory A. Reid and Chief Administrative Officer James G. Kissinger. Both were also executive vice presidents.

Click here to read more at The Journal of Commerce.


Be the first to comment

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

Recent News

Contract Unity Time

National UPS contract negotiations will be held from June 18-21. While the company is at the bargaining table, we’ll be building Teamster contract unity and sending the company a message. You can help. 

Following Strike Vote, UPS Workers Rally Nationwide To Make UPS Deliver in Contract Talks

UPS workers are organizing grassroots contract unity actions to demand that UPS deliver a fair contract or face a contract rejection and possible strike by more than 260,000 employees.

View More News Posts