YRC hires turnaround consultant

August 27, 2009: YRC Worldwide Inc. has named a turnaround consultant to guide the trucking company’s bid to survive the recession.

The board of Overland Park-based YRC (Nasdaq: YRCW) named Richard Williamson, managing director of corporate turnaround firm Alvarez & Marsal, as chief strategy officer in a Thursday meeting. Williamson will coordinate and manage YRC’s work to maintain liquidity and fix its capital structure, YRC said in a filing with the Securities and Exchange Commission.

Click here to read more at 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

Members Vote for a New Beginning in Local 96

Washington Gas utility workers have voted in new leadership in Teamsters Local 96 in Washington, D.C. after a grassroots campaign by the New Beginning Slate.

Happy Thanksgiving

Happy Thanksgiving from TDU. We're thankful for union members who are organizing for economic and social justice. Change is coming to the Teamsters!

View More News Posts