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 Proposes 70-Hour Work Week

Teamsters United reports that UPS has a contract proposal on the table that gives the company the right to force package drivers to work up to 70 hours a week anytime they deem it necessary “to avoid service disruptions.”

 

In Divided Vote, IBT Moves Ahead with Pension Threat at ABF

(Reprinted from www.ABFTeamstersUnited.org) A divided IBT General Executive Board voted 13-9 to move ahead with the ABF ratification vote and rejected a motion to fix the pension freeze that threatens the retirement benefits of hundreds of ABF Teamsters.

View More News Posts