YRC Worldwide details pay for new CEO Welch

March 22, 2012: James Welch received almost $2 million in direct compensation during his first five months as the new CEO of YRC Worldwide Inc., according to the company’s annual proxy statement.

The statement, filed with the Securities and Exchange Commission on Wednesday, showed that Welch received a salary of $305,128 and stock valued by the company at $1.6 million on the date it was granted.

Click here to read more at Kansas City Business Journal.

Get Advice Join TDU Donate

Recent News

Getting Out the Vote for O'Brien-Zuckerman Teamsters United

The ballots are out and we’re on the verge of making history. As of Friday, 51,300 ballots are in. That means the vast majority of members who will vote in the election have not voted yet. Here are five things you can do right now to get out the vote.

Teamster Insurgents Could Win Their Union Election

One of the most common sentiments repeated by workshop leaders at the TDU convention was, ​The real fight is about to begin after we win.” — By Ryan Haney (reprinted from In These Times & Labor Notes)

View More News Posts