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.


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