YRC stacks its board with turnaround experts

May 3, 2010: YRC Worldwide Inc. outlined an overhaul of its board of directors on Friday. The move is part of a deal the trucking carrier struck to entice bondholders to swap debt for equity.

Seven members of the YRC board will resign effective May 11, according to filings with the Securities and Exchange Commission. Five new members — most with experience in turning around companies — will join the board while four current directors will remain.

Click here to read more at the Kansas City Business Journal.

Get Advice Join TDU Donate

Recent News

The TDU ISC—Frequently Asked Questions

What is the TDU International Steering Committee and how does it work? Who can be elected to the ISC? Get your answers here.

Nominations are Open for TDU Steering Committee

Nominations for the TDU Steering Committee for the coming year are open now through October 20. Here's everything you need to know about the Steering Committee election process which will be online this year.

View More News Posts