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

Webinar: Getting the Goods to Win Your UPS Grievance

In this webinar, you'll learn proven strategies to win grievances at UPS, and how to deal with retaliation from management. Review how to document your case to win a good settlement and be prepared if the case goes to panel. Register for the webinar on Sunday, March 16 at 12 PM ET / 11 AM CT / 10 AM MT / 9 AM PT.

Resources: Hunting Season and Your Rights at UPS

Peak season is over. But a new year brings new problems: Surepost chaos, production harassment, and petty discipline. Teamster members joined our webinar to learn tried and true strategies to protect yourself and fight discipline. Watch it here, then scroll for resources.

View More News Posts