Kansas City Business Journal: YRC Worldwide CEO’s compensation slides in 2009

March 26, 2010: Reflecting YRC Worldwide Inc.’s dismal 2009, CEO Bill Zollars saw his annual compensation decline almost 10 percent to $1.9 million, according to an analysis of securities filings.

Zollars received a base salary of $928,104, which included a 10 percent pay cut he shared with other non-union employees, the company reported to the Securities and Exchange Commission late Thursday. He also received a $135,000 “other compensation” fund, which he could use for various things, such as fractional use of corporate aircraft. The company said it discontinued that fractional use last year.

Read the full story in 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

1,500 Kroger Teamsters Exit the Central States Fund

Teamster employed at three Kroger warehouses and two dairies have been removed from the Central States Fund, in an arrangement similar the removal of 44,000 UPS Teamsters in 2007.  

The Push is On for Butch Lewis Act

Today, at a press conference held in Washington D.C., Mike Walden, president of the National United Committee to Protect Pensions (NUCPP), reminded the assembled press and Congressional staffers, Senators and House Representatives, delegations of Teamsters and Mineworker retirees, of Butch Lewis’s remark, “A promise is a promise is a promise.” It’s that promise that this movement has grown to defend. And it’s happening loud and strong as we reach for the new law that will protect that promised retirement security.

View More News Posts