YRC Ramps Up Pay for Directors

September 1, 2011: YRC Worldwide Inc. is giving the members of its board of directors a raise.

The Overland Park-based trucking company (Nasdaq: YRCW), which has been trying to recover from a recessionary brush with bankruptcy, said in a late Wednesday filing with the Securities and Exchange Commission that it will pay its board members an annual cash retainer of $75,000, plus $10,000 a year extra for committee chairmen and $15,000 extra for the head of the audit/ethics committee. The board chairman, James Hoffman, will receive $125,000 in cash.

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

Get Advice Join TDU Donate

Recent News

TDU at Labor Notes 2024

TDU members joined over 4000 activists, organizers and troublemakers from across the labor movement at this year's Labor Notes conference in Chicago. 

UPS Operating Profits For First Quarter: $1.7 Billion

Today, UPS released its first quarter earnings report. The company made $1.7 billion in profit for the first quarter. Profitability beat expectations.

View More News Posts