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

First Look at UPS Contract Proposals

The proposals have been approved for the UPS national contract. Here are some of the issues that will be on the table when negotiations begin in January.  (Reprinted from www.TeamstersUnited.org)

first-look-thumb.jpg

UPS Bargaining Proposals Set

The Teamster bargaining demands for the UPS contract were approved by representatives from UPS locals today at the Two-Person meeting held near Washington, DC. (reprinted from www.TeamstersUnited.org)

View More News Posts