March 18, 2011: John Lamar, YRC’s new restructuring officer, will pull down $80,000 per month, in addition to “director compensation” and a possible $500,000 bonus later this year, according to YRCW’s filing with the Securities and Exchange Commission. Lamar holds positions with other corporations as well.
YRC cannot afford to pay for our pensions, but does seem to have money for some people. You can read more here.