YRC Worldwide details pay for new CEO Welch

March 22, 2012: James Welch received almost $2 million in direct compensation during his first five months as the new CEO of YRC Worldwide Inc., according to the company’s annual proxy statement.

The statement, filed with the Securities and Exchange Commission on Wednesday, showed that Welch received a salary of $305,128 and stock valued by the company at $1.6 million on the date it was granted.

Click here to read more at 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

UPS Profits Are Up; Wants Cost Control, Concessions

UPS announced today that it made $1.16 billion in profits in the first quarter. But with contract negotiations coming, management is preaching “cost control.”

Teamster Rail Workers under Attack

Rail workers – including some 70,000 Teamster engineers, trainmen and track workers – are under a double attack coming from Washington DC. The Teamsters Union should be leading a fight back with other unions and with the public, to save passenger rail service in the USA.

View More News Posts